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

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.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• ICICI Securities Downgrades Manappuram Finance Ltd (MGFL:IN) to Hold (3)
• Citi Upgrades Central Retail Corp PCL (CRC:TB) to Buy
• RBC Capital Upgrades CAE Inc. (CAE:CN) (CAE) to Outperform