Morgan Stanley Maintains Overweight on Anheuser-Busch InBev, Lowers Price Target to $68.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Sarah Simon maintains an Overweight rating on Anheuser-Busch InBev (NYSE:BUD) but lowers the price target from $70 to $68.5.
July 02, 2024 | 5:59 pm
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NEUTRAL IMPACT
Morgan Stanley maintains an Overweight rating on Anheuser-Busch InBev but lowers the price target from $70 to $68.5.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100