Why Anheuser-Busch InBev Stock Just Popped
UBSUBS(UBS) The Motley Fool·2024-06-25 02:53

Anheuser-Busch InBev stock still looks too expensive to buy. Anheuser-Busch InBev (BUD 3.05%) stock rose 2.8% through 12:05 p.m. ET on Monday after UBS analyst Sanjeet Aujla upgraded shares of the beer giant to buy, and raised its price target to 72 euros (about 77.30).Previously,Aujlahadaneutralratingonthestock,andapricetargetof62.5euros(about77.30). Previously, Aujla had a neutral rating on the stock, and a price target of 62.5 euros (about 67.10). What UBS says about Anheuser-Busch The analyst likes three things about Anheuser-Busch stock: growth, profit margins, and cash returns, as ...