Morgan Stanley Hops on Molson; Sees Stock Rising 11%.

Morgan Stanley is tapping Molson Coors Brewing (TAP). The beer brewer share price rose 2.2%, to close at $74.59 after the Wall Street firm upgraded the stock to Overweight after being at equal weight the last 11 months, and lifted its price target to $83 from $81. As analyst Dana Mohsenian wrote: We view risk/reward as compelling post a stock [...]