Berenberg initiated coverage of Heineken (HEINY) with a Buy rating and EUR 99.20 price target The macro environment “has not been kind to the beverages sector, but it could be changing, thanks partly to the Trump administration and partly to lower inflation,” the analyst tells investors in a research note. The firm initiated coverage of 12 stocks and its top pick is Heineken. There is also “interesting upside” in AB InBev and Molson Coors, says Berenberg.
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- Heineken price target lowered to EUR 93 from EUR 95 at Citi
- Heineken upgraded to Outperform from Sector Perform at RBC Capital
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- Heineken price target raised to EUR 80 from EUR 77 at Morgan Stanley
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