Deutsche Bank analyst Steve Powers raised the firm’s price target on Molson Coors (TAP) to $63 from $61 and keeps a Hold rating on the shares. Looking to 2025, the firm sees continued challenges ahead for most consumer packaged goods companies. The analyst maintains a net-constructive view on household personal care and cosmetics, is becoming more positive on bon-alcoholic beverage names, and taking a more cautious position on food.
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