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Heineken upgraded to Outperform from Sector Perform at RBC Capital

Heineken upgraded to Outperform from Sector Perform at RBC Capital

RBC Capital analyst James Edwardes Jones upgraded Heineken (HEINY) to Outperform from Sector Perform with a price target of EUR 92, up from EUR 80. The firm cites its increasingly favorable view of the beer category and Heineken’s “prudent expectations management” for the upgrade.

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