Molson Coors Beverage shares rise 2.50% intraday after Bernstein lowered its price target to $55.

Molson Coors Beverage Company rose 2.50% in intraday trading, following Bernstein's adjustment of the company's price target to $55 from $74. This downward revision in the price target by Bernstein is likely a bearish indicator, but the stock's upward movement suggests that other factors may be influencing the market sentiment.