Molson Coors Beverage Company (NYSE:TAP) is struggling with an 18% year-to-date share price drop due to industry weakness. Analysts caution against the stock, with JPMorgan setting a Neutral rating and $49 target price. The firm reported $2.97 billion revenue and forecast a 3-4% sales decline in 2025.

Jim Cramer expressed uncertainty about Molson Coors (TAP) and the alcohol industry’s future, citing changing consumer preferences towards mocktails. He highlighted potential further downside for alcohol stocks due to societal shifts away from traditional alcohol consumption.

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Read more at Yahoo Finance: Jim Cramer Discusses Molson Coors (TAP) & Alcohol Industry