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Bud Light boycott has been good for Molson Coors, but gains aren’t set in stone, analysts say

Por: MarketWatch Business June 24, 2023

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The Wells Fargo analysts, in a research note on Friday, said that Molson Coors’ stock seemed “fairly” or “fully” valued but not priced for much of a turn south. And they said there was little indication, at the moment, that Molson was going to give back the beer sales it has picked up due to the boycott of Bud Light. Still, they said that the beer industry’s difficulties are ongoing. Sales volumes — a measure of the amount of beer... + full article



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