# Wells Fargo Downgrades Molson Coors After Sales Miss Estimates

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/51642
Published: 2026-11-08T14:41:56.000Z
Updated: 2026-11-08T14:41:56.000Z
Section: Business

> Third-quarter earnings per share beat expectations, while sales fell short. Wells Fargo expects 2027 to be challenging.

Wells Fargo lowered its rating on Molson Coors Beverage Company after the brewer's third-quarter sales missed expectations, while earnings per share topped estimates and the bank anticipated a challenging 2027.

The rating moved to Underweight from Equal Weight after Molson Coors reported its results Thursday. Wells Fargo expects 2027 to be challenging.