Molson Coors price target lowered to $41 from $43 at Wells Fargo

Wells Fargo lowered the firm's price target on Molson Coors to $41 from $43 and keeps an Equal Weight rating on the shares. The category is soft, Molson Coors is losing share, and the firm sees earnings risk namely into 2027. Wells sees this balanced by a healthy balance sheet and double-digit free cash flow yield.