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Fly News Breaks for September 8, 2017
BUD
Sep 8, 2017 | 08:14 EDT
Argus analyst Stephen Biggar started coverage of AB InBev with a $136 price target and a Buy rating. The analyst noted that the company's organic growth accelerated year-over-year in 1H17. He thinks that the company's growth can accelerate modestly going forward, while its margins can rise. The analyst says that the company can benefit from increased penetration in emerging markets, higher demand for premium beers and increased sales of nonalcoholic drinks.
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