UBS Adjusts Price Target on Anheuser-Busch InBev (BUD); Still Top Pick in Sector

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UBS maintains a 'Buy' on Anheuser-Busch InBev (NYSE: BUD) price target of $73.00 (from $75.20).

Analyst, Melissa Earlam, reiterates BUD as the top brewing pick in the sector. Last week, BUD announced the acquisition of the remaining stake in Grupo Modelo.

Also of note - On Monday, Societe Generale, upgraded BUD from Hold to Buy.

For an analyst ratings summary and ratings history on Anheuser-Busch InBev click here. For more ratings news on Anheuser-Busch InBev click here.

Shares of Anheuser-Busch InBev closed at $79.51 yesterday, with a 52 week range of $49.05-$79.65.

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