The U.S. beer industry faces these ‘sheep, parasites and wolves,’ BofA says, as Molson gets a downgrade - MarketWatch
1. BofA downgraded Molson Coors from 'buy' to 'neutral'. 2. U.S. beer demand declines are below historic trends. 3. Increased competition threatens Molson Coors' market share. 4. The company cut its full-year outlook due to consumer uncertainty. 5. TAP shares are down 17.3% year-to-date, despite a recent uptick.