Seeking Alpha

Morgan Stanley turns bullish on Ambev

  • Morgan Stanley upgrades Ambev (ABEV) to an Overweight rating.
  • The investment firm assigns an $8 price target to shares,
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Comments (1)
  • doc47
    , contributor
    Comments (1369) | Send Message
     
    I hope they're right. The beer sales numbers are down in Brazil for reasons that are far from clear. I trust all the mega events coming there will give sales a boost.
    7 Jan 2014, 11:22 AM Reply Like
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