Molson Coors Beverage Company (TAP) continues to be in the spotlight with recent developments. The appointment of a new CEO, Rahul Goyal, is attracting attention, particularly in light of strategic diversification the company is pursuing. The company has held numerous earnings conference calls, giving the market a look into its financial health, while missing estimates in Q2 2025 and lowering its guidance. The company's shares seem to be primarily controlled by institutional investors who own over 80% of the Company. Price targets for TAP have been trimmed by both Goldman Sachs and Jefferies Financial Group. Molson Coors has also made headlines with changes in its board of directors with nominations of Chris Cocks as an independent director and Hasbro CEO. Controversially, the company's shares have been recommended for sale by some, arguing that investors may remain 'thirsty'. The company also made news by entering an exclusive agreement with Coca-Cola for launching a new brand.
Molson Coors Beverage Company Class B TAP News Analytics from Sat, 29 May 2021 07:00:00 GMT to Sun, 05 Oct 2025 07:00:00 GMT -
Rating -2
- Innovation -3
- Information 7
- Rumor -6
