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The closest I could get was this [1] which seems like the CNBC report was not made from an actual report but instead: "In a research note this morning, Cowen an
by ben_jones 9y ago
The closest I could get was this [1] which seems like the CNBC report was not made from an actual report but instead: "In a research note this morning, Cowen analyst Vivien Azer downgraded Molson Coors (TAP) to Market Perform to reflect expectations for persistent beer volume headwinds".
An Investment bank took a public position in something and now we get a bunch of articles and inferences fed to the general public as if they are absolute certainties. Investment banks are always right and have no self interests ever... right?
[1]: https://thefly.com/landingPageNews.php?id=2536820&headline=TAP;KSHB;TPB;STZ-On--Cowen-downgrades-Molson-Coors-on-cannabis-threat-to-drinking https://thefly.com/landingPageNews.php?id=2536820&headline=T...
- kafkaesq 9y agoOkay, then we can't (immediately) pull up the data then. Still, I wouldn't say "bogus, FUD, politically motivated, etc" in such a situation. I would just say "So it looks like we don't know yet. Let's have a look at the data."