06 October, 2006

Belgium: ING raises InBev's target price to EUR45

ING raises InBEV's (INB.BT) target price to EUR45 from EUR42.70 due to broad improvements in the beer market, Dow Jones Newswires communicated on October 04. Notes that takeovers will start to show efficiency gains. Also sees strong growth in premium beer market. Expects share buybacks and higher dividends. Keeps hold rating. Shares closed Tuesday at EUR43.11.

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