Home Business JPMorgan downgrades AB InBev to underweight, says inflation will hit earnings

JPMorgan downgrades AB InBev to underweight, says inflation will hit earnings

30 second read
0
0
223

Carlos Brito, Chief Executive of Anheuser-Busch InBev, poses with a Stella Artois beer after a news conference in Leuven, Belgium.

Francois Lenoir | Reuters

The earnings outlook for Anheuser-Busch InBev is getting worse and investors should stay away from the stock, according to JPMorgan.


Source link

Load More Related Articles
Load More By The Texas Chronicle
Load More In Business

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Turkey’s annual inflation soars to almost 79%

Shoppers stroll the aisles of a bazaar in Konya, Turkey. The country is experiencing bruta…