Sluggish trends in beer consumption triggers downgrade to Molson Coors, Constellation Brands

2 hours ago 1
Beer bottle with a drinking glass full of beer on a rustic wooden table

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Reflecting on broader consumer trends, and the Hispanic cohort in particular, Barclays believes the beer category is likely to be weighed down for some time, downgrading Molson Coors Beverage Company (NYSE:TAP) to Underweight.

While the same fundamentals also apply to

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