The investment bank, Morgan Stanley, has reduced its rating on the US brewer, Adolph Coors, from “equal-weight” to “underweight”, citing deteriorating business fundamentals in the US and increasingly competitive market conditions in the UK.
US: Morgan Stanley cuts rating on Coors
The investment bank, Morgan Stanley, has reduced its rating on the US brewer, Adolph Coors, from "equal-weight" to "underweight", citing deteriorating business fundamentals in the US and increasingly competitive market conditions in the UK.
July 9, 2003