07 February, 2007

Belgium: InBev’s rating raised to 'buy' vs 'hold' at Gilissen

"We increase our rating for InBev ... because we are more positive about the various cost initiatives and because of the solid growth of the beer market in Hispanic and Latin American countries, where InBev is gaining market share," Gilissen analyst Jan Meijer said. The brokerage also raised its price target for InBev, to 58 eur from 49, AFX News communicated on February 7th.

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