BUD Stock "Looks Cheap" Following Summer Sag; Wells Fargo Sees Upside as it Initiates Coverage

Is BUD stock set for a bounceback? Wells Fargo's Chris Carey made the case this wk, initiating coverage at an "overweight" rating and a $75/share price target compared to current price of ~$61. Citing "cheap valuation" (relative to peers in staples and profit prospects), easy comps (entering 2026 with likely...
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Publishing Info

  • Year: 2025
  • Volume: 27
  • Issue #: 245
  • Issue Date: 11/20/2025