Why Molson Coors Plunged Today
Source: Motley Fool
2026-02-25 16:29:20 ET
Shares of beer giant Molson Coors (NYSE: TAP) declined 4.8% on Tuesday.
While Molson Coors had already fallen following disappointing revenue numbers in its fourth-quarter earnings release last week, a prominent Wall Street analyst lowered his rating on the stock to the ignominious "Underperform" rating today, kicking the stock while it's down.
Today, Bank of America analyst Peter Galbo downgraded Molson Coors from a "Neutral" rating to an "Underperform," while lowering his price target from $50 to $42. Molson Coors had ended yesterday's trading at $49.89.
Molson Coors Brewing Company Class B
NASDAQ: TAP
TAP Trading
2.57% G/L:
$49.14 Last:
741,314 Volume:
$48.11 Open:
TAP Latest News
February 18, 2026 04:05:00 pm
Molson Coors Beverage Company Reports 2025 Fourth Quarter and Full Year Results
TAP Stock Data
$9,808,218,059
182,976,525
0.12%
311
N/A
Beverages - Alcoholic
Consumer Staples
US
Golden
