Seeking Alpha

Analysis: Anheuser-Busch InBev poised to run higher

  • Anheuser-Busch InBev (BUD +0.5%) is upgraded to a Buy rating from Hold by ING Group.
  • Though sales growth has been sluggish in key regions, ING sees some efficiencies kicking in to drive profits.
  • The investment firm raises its price target on the global brewer to €84 ($116.5).
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