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Goldman Sachs Reaffirms Their Buy Rating on Anheuser-Busch Inbev Sa (BUD)

Tipranks - Tipranks - Thu Apr 9, 11:48AM CDT

Goldman Sachs analyst Olivier Nicolai reiterated a Buy rating on Anheuser-Busch Inbev Sa on April 6 and set a price target of $94.00.

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According to TipRanks, Nicolai is a 3-star analyst with an average return of 2.5% and a 53.30% success rate.

In addition to Goldman Sachs, Anheuser-Busch Inbev Sa also received a Buy from Wells Fargo’s Christopher Carey in a report issued today. However, on April 2, TipRanks – Anthropic reiterated a Hold rating on Anheuser-Busch Inbev Sa (NYSE: BUD).

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Based on Anheuser-Busch Inbev Sa’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $30.61 billion and a net profit of $3.01 billion. In comparison, last year the company earned a revenue of $29.89 billion and had a net profit of $3.29 billion

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