AB InBev Set for Fresh Share Growth -- Market Talk

Dow Jones05-05 16:18

0818 GMT - Budweiser brewer AB InBev can eye higher shares ahead, Jefferies's Edward Mundy writes after the Belgium-based group swung back to sales growth in the year's first quarter. The result, including a rise in revenue and earnings, was better than analysts had forecast. Consistent delivery should drive solid growth in shareholder returns ahead, further boosting the stock, Mundy says. Jefferies has a buy rating and a 73 euro target on the stock; shares leap 6.6% to 67.32 euros following the update. (joshua.kirby@wsj.com; @joshualeokirby)

(END) Dow Jones Newswires

May 05, 2026 04:18 ET (08:18 GMT)

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