Anheuser-Busch InBev Reaches Analyst Target Price

In recent trading, shares of Anheuser-Busch InBev SA/NV (BUD) have crossed above the average analyst 12-month target price of $78.00, changing hands for $78.86/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..