Morgan Stanley Maintains Overweight on Anheuser-Busch InBev, Raises Price Target to $73
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Sarah Simon maintains an Overweight rating on Anheuser-Busch InBev (NYSE:BUD) and raises the price target from $68.5 to $73.
September 10, 2024 | 12:50 pm
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Morgan Stanley has increased its price target for Anheuser-Busch InBev to $73, maintaining an Overweight rating, indicating confidence in the company's performance.
The increase in price target from $68.5 to $73 by Morgan Stanley suggests a positive outlook on Anheuser-Busch InBev's future performance. The maintained Overweight rating indicates continued confidence in the stock, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100