TD Cowen Downgrades Anheuser-Busch InBev to Hold, Maintains Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has downgraded Anheuser-Busch InBev (NYSE:BUD) from Buy to Hold, while maintaining the price target at $68.
October 08, 2024 | 11:20 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
TD Cowen has downgraded Anheuser-Busch InBev from Buy to Hold, indicating a more cautious outlook on the stock. The price target remains at $68, suggesting limited upside potential.
The downgrade from Buy to Hold by TD Cowen suggests a less optimistic view on Anheuser-Busch InBev's stock performance. Maintaining the price target at $68 indicates that the analyst does not foresee significant upside in the near term, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100