Evercore Raises Price Target on Molson Coors (TAP), Maintains Outperform Rating

Molson Coors Beverage Company (NYSE:TAP) is one of the 12 Dividend Stocks With High Insider Buying.

On February 9, 2026, Evercore ISI analyst Robert Ottenstein maintained an Outperform rating on Molson Coors Beverage Company and raised the stock’s price target from $50 to $55. Conversely, in a recent update on February 11, 2026, JPMorgan’s analyst Andrea Faria Teixeira maintained a Hold rating on the stock with a price target of $50.

In the last quarter, a 4.7% decline in the U.S. beer industry, driven by shifting consumer preferences and intense competition from “Beyond Beer” products, had an impact on the company’s volume shares. During the fourth quarter of 2025, the industry showed signs of stabilization with some leading companies reporting improved volume trends. The effect of such stabilization on Molson Coors Beverage Company is yet unknown. As per an announcement made by the company earlier last month, on January 9, 2026, Molson Coors Beverage Company is all set to release its Q4 2025 earnings report alongside the full year 2025 earnings results on February 18, 2026.

Molson Coors Beverage Company, founded in 2005 through a merger of through the merger of Molson of Canada and Coors of the United States, is a global leader in the beverage industry, with headquarters in Illinois.

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