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Morgan Stanley Reaffirms Their Buy Rating on Anheuser Busch InBev SA/NV (0RJI)

Tipranks - Tipranks - Fri Feb 13, 7:14AM CST

Morgan Stanley analyst Sarah Simon maintained a Buy rating on Anheuser Busch InBev SA/NV today and set a price target of €66.50.

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According to TipRanks, Simon is an analyst with an average return of -0.2% and a 51.15% success rate.

In addition to Morgan Stanley, Anheuser Busch InBev SA/NV also received a Buy from RBC Capital’s James Edwardes Jones in a report issued today. However, on February 10, ING Group downgraded Anheuser Busch InBev SA/NV (LSE: 0RJI) to a Hold.

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Based on Anheuser Busch InBev SA/NV’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €30.71 billion and a net profit of €4.1 billion. In comparison, last year the company earned a revenue of €15.33 billion and had a net profit of €1.47 billion

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