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Anheuser-Busch Needs to Show Predictable Continuity, RBC Says

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Anheuser-Busch InBev (BUD) needs to deliver a predictable continuity at its Capital Markets Day event on Sept. 22-23, RBC Capital Markets said in a note Friday.

"Predictable continuity would do very nicely, emphasizing deliberate actions to ensure the evolution of the portfolio," the report said.

Other expectations from the event include the benefits of emerging market dominance, margin growth and capital allocation, the report said.

The note said it just needs to demonstrate that it can continue to deliver 4% to 8% organic EBITDA growth at the event.

"Our price target of (Euro) 93 doesn't need anything heroic - just confidence that ABI can keep doing what it's doing," the report said. RBC kept its outperform rating.

Price: $77.97, Change: $+0.32, Percent Change: +0.41%

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National Beverage Fiscal Q1 Earnings Fall, Revenue Rises

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Box, OpenAI Launch Integration to Access Enterprise Content in ChatGPT

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