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Fly News Breaks for November 12, 2015
TAP, SBMRY, BUD
Nov 12, 2015 | 08:05 EDT
Susquehanna believes its $157 price target on AB InBev (BUD) may be conservative, citing the potential for better than expected synergies with SABMiller (SBMRY), better than expected earnings accretion and the sale of its stake in MillerCoors (TAP) for $12B. Susquehanna reiterated its Positive rating on AB InBev shares.