Wells Fargo initiated coverage of AB InBev (BUD) with an Overweight rating and $75 price target The firm sees a “tactical” setup for the shares into 2026 given AB InBev’s “cheap” valuation, “easy” year-ago volume compares, and calendar catalysts into the 2026 World Cup. The company’s ‘durable” medium term growth will come from pricing power, stabilizing volumes, improving gross margins, and double-digit earnings growth model, As previously reported,
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