Molson Coors Beverage Company (TAP) released its 2024 second quarter results and confirmed the payment of a regular quarterly dividend. Other updates include changes in stock ownership, highlighted by actions from Patriot Investment Management Group Inc., Vanguard Group Inc., and Securian Asset Management Inc., which indicate reduced holdings. The stock price forecast saw adjustments by analysts at Wells Fargo & Company and Barclays with a new price target of $50.00. Full-year results for 2023 along with long-term financial outlook were also presented during the company's 2023 Strategy Day. TAP also recorded a slight dip in Q2 sales, but with strong income growth. Meanwhile, new investments and stake acquisitions were noted from Avantax Advisory Services Inc., Bessemer Group Inc., and Tidal Investments LLC. Actions from Janus Henderson Group PLC and Swedbank AB showed their continued financial interest in TAP.
Molson Coors Beverage Company Class B TAP News Analytics from Mon, 02 Jan 2017 19:36:28 GMT to Sun, 18 Aug 2024 10:59:26 GMT -
Rating 6
- Innovation 0
- Information 7
- Rumor 4
