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Molson Coors Beverage Company (TAP) manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, Middle East, Africa, and Asia Pacific. 
It offers flavored malt beverages, craft, and ready to drink beverages. The Company brands include Coors Light, Miller Lite, Carling, Staropramen and Sharp's Doom Bar to Leinenkugel's Summer Shandy, Blue Moon Belgian White, Hop Valley, Creemore Springs Premium Lager and Crispin Cider,
The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.
On May 3rd, Molson reported 1st Quarter March 2022 earnings of $0.29 per share on revenue of $2.6 billion. The consensus earnings estimate was $0.18 per share on revenue of $2.1 billion. Revenue grew 17.2% on a year-over-year basis. Shares have formed a bullish "cup and handle" and higher share prices are expected. The next earnings report is on August 2nd.
Entry Point: $58.00
Stop Loss: $56.00
Trading Range: $42.46-$59.38
Target Price: $63.00
