Anheuser Busch Companies (BUD)

[FUNMAN]

BUD Coverage Initiated by Analysts at Argus

Posted by Jennifer Salazar on Sep 23rd, 2017

Anheuser-Busch Inbev SA logoEquities researchers at Argus initiated coverage on shares of Anheuser-Busch Inbev SA (NYSE:BUD) in a research note issued to investors on Friday, September 8th, MarketBeat reports. The brokerage set a “buy” rating and a $136.00 price target on the consumer goods maker’s stock. Argus’ target price suggests a potential upside of 16.85% from the company’s current price.



Sometimes it just seems like analysts reiterate whatever the momentum has been, or they're just throwing darts at target prices they taped to a wall, and pick the one they hit.