Molson Coors Beverage (NYSE:TAP – Get Free Report) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Saturday. TAP has been the topic of several other research reports.
Jake and Dick Leinenkugel sent out a statement Wednesday saying that the Leinenkugels aim to acquire the Chippewa Falls brewery from Molson Coors.
Molson Coors Beverage Co Class B (TAP) stock saw a modest uptick, ending the day at $55.23 which represents a slight increase of $0.25 or 0.45% from the prior close of $54.98. The stock opened at $54.
Molson Coors Beverage Company TAP stock has been doing well, recording 7% growth in the past six months. However, the Zacks Beverages - Alcohol industry and the broader Consumer Staples sector have dropped 16.