Budweiser stock price forecast for traders eyeing Budweiser stock
For traders eyeing Budweiser stock price forecast, the market tone suggests cautious optimism, as beer sales in Latin America remain strong despite economic headwinds, aiding quarterly performance. For Zoomers who do want to drink, they prefer higher-quality spirits and ready-to-drink cocktails , though mocktails and nonalcoholic beverages, also favored by Gen Z , are growing at double-digit rates . Molson Coors Beverage Company was formed through the 2005 merger of Canada’s Molson and U.S.-based Coors. In 2016, the company acquired Miller Brewing Company for $12 billion, making it the world’s third-largest brewing company. Today, the company has a market cap of $12.4 billion and has household-name brands such as Coors, Molson, Miller, Blue Moon, Carling, and Foster’s. Quantitative models for Budweiser stock price forecast signal upward drift over the next six weeks, with probability-weighted metrics pointing to a high likelihood of testing $61.
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