Morgan Stanley lowered the firm’s price target on AB InBev (BUD) to EUR 66.50 from EUR 70.50 and keeps an Overweight rating on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BUD:
- Trump Trade: U.S. President threatens additional tariffs on China of 50%
- American Whiskey prepares for tariff retaliation, NYT says
- Sector Spotlight: Tariffs spark consumer goods selloff and cost fears
- Paramount downgraded, Broadcom upgraded: Wall Street’s top analyst calls
- AB InBev initiated with a Buy at Berenberg