03:45 AM EDT, 05/09/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Our 12-month target price for Anheuser-Busch InBev ( BUD ) is USD77. This is based on a 2025 P/E of 20.2x, which is a premium against the industry forward average of 16.2x and its own five-year historical average of 18.7x. We believe our relative valuation appropriately reflects ABI's drastically improved financial position, both in terms of profitability and indebtedness, which should translate into meaningful profit moving forward. We also believe that the worst of the social backlash is past, allowing the company to focus on its growth drivers. We revise our 2025 EPS estimate to USD3.82 (from USD4.10) for 2025 and to USD4.21 (from USD4.40) for 2026. We believe its renewed focus on leveraging its megabrands to drive scalable and profitable growth offers a more sustainable path forward than its prior M&A-led strategy. Given the nature of its highly localized production base, with more than 98% of volumes locally produced, we believe ABI is relatively shielded from further potential tariffs.