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Fly News Breaks for February 28, 2020
Feb 28, 2020 | 05:33 EDT
Bryan Garnier analyst Nikolaas Faes downgraded AB InBev to Neutral from Buy with a EUR 63 price target.
News For BUD From the Last 2 Days
Jul 5, 2022 | 12:07 EDT
Deutsche Bank analyst Mitch Collett lowered the firm's price target on AB InBev to EUR 73 from EUR 74 and keeps a Buy rating on the shares.
Jul 5, 2022 | 05:58 EDT
Citi analyst Simon Hales upgraded AB InBev to Buy from Neutral with a EUR 62 price target. "For the first time in a while it is tough to construct a bear-case on" the company, Hales tells investors in a research note. The consistency of AB InBev's earnings delivery has improved significantly, increasing investor confidence in both execution capabilities and balance sheet deleverage, says the analyst. He says that with its debt-to-equity transition likely to take place over the next 12-months, the stock's risks are skewing to the upside.