Anheuser Busch Companies (BUD)

[FUNMAN]

BUD Raised to Outperform at Sanford C. Bernstein

Posted by Alanna Baker
Mar 19th, 2018

https://www.thelincolnianonline.com/2018/03/19/anheuser-busch-inbev-bud-upgraded-to-buy-at-sanford-c-bernstein.html


Sanford C. Bernstein upgraded shares of Anheuser Busch Inbev (NYSE:BUD) from a market perform rating to an outperform rating in a report issued on Monday, March 12th, MarketBeat reports. Sanford C. Bernstein currently has $132.00 price objective on the consumer goods maker’s stock, up from their prior price objective of $115.19.


BUD has been the subject of a number of other reports. Zacks Investment Research downgraded Anheuser Busch Inbev from a hold rating to a sell rating in a research note on Wednesday, December 27th. JPMorgan Chase & Co. reaffirmed an underweight rating on shares of Anheuser Busch Inbev in a report on Tuesday, December 5th. Deutsche Bank raised Anheuser Busch Inbev from a hold rating to a buy rating in a report on Wednesday, January 17th. Susquehanna Bancshares raised Anheuser Busch Inbev from a neutral rating to a positive rating and lifted their price target for the company from $125.00 to $131.00 in a report on Wednesday, February 28th. Finally, UBS raised Anheuser Busch Inbev from a neutral rating to a positive rating in a report on Wednesday, February 28th. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the company. Anheuser Busch Inbev has an average rating of Hold and a consensus target price of $126.02.