logo
Bernstein Cuts Anheuser-Busch InBev (BUD) Price Target Ahead of Q2 Earnings

Bernstein Cuts Anheuser-Busch InBev (BUD) Price Target Ahead of Q2 Earnings

Yahoo7 hours ago
Anheuser-Busch InBev SA/NV (NYSE:BUD) ranks among the . In anticipation of Anheuser-Busch InBev SA/NV (NYSE:BUD)'s July 31 earnings report, Bernstein SocGen Group maintained its Outperform rating on the stock but reduced its price target to €77 from €79 on July 3.
Photo by Heshan Perera on Unsplash
Though the ultimate impact would rely on offsetting price rises, the firm highlighted a number of reasons for the adjustment, including anticipated margin pressure in Brazil and Mexico during the second half of the year as a result of foreign exchange hedges turning negative.
Although Anheuser-Busch InBev SA/NV (NYSE:BUD) outperformed the overall market in recent scanner data, Bernstein also decreased its forecasts for volume growth in the US due to ongoing market difficulties and lowered its estimations for associate income, notably citing Castel and Efes.
Anheuser-Busch InBev SA/NV (NYSE:BUD) is a global beer manufacturer and distributor. Acknowledged as one of the largest breweries in the world, its main operations include the production of beer and the sale of soft drinks and non-alcoholic beverages.
While we acknowledge the potential of BUD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Read More: and
Disclosure: None.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

CPI rose in June to 2.7% annual rate, new data shows
CPI rose in June to 2.7% annual rate, new data shows

CBS News

time20 minutes ago

  • CBS News

CPI rose in June to 2.7% annual rate, new data shows

The Consumer Price Index in June rose 2.7% on an annual basis, a sign inflation around the U.S. is creeping up after declining earlier this year. By the numbers The CPI was forecast to rise 2.7% last month, higher than last month's rate of 2.4%, according to economists polled by financial data firm FactSet. On a month-over-month basis, the CPI rose 0.3%, which is the largest increase since January and in line with economists' forecasts. The CPI, a basket of goods and services typically bought by consumers, tracks the change in those prices over time. — This is a developing story and will be updated

Asylon Celebrates 250,000 Combined Security Missions and 150,000 Miles Walked by DroneDog
Asylon Celebrates 250,000 Combined Security Missions and 150,000 Miles Walked by DroneDog

Business Wire

time20 minutes ago

  • Business Wire

Asylon Celebrates 250,000 Combined Security Missions and 150,000 Miles Walked by DroneDog

NORRISTOWN, Pa.--(BUSINESS WIRE)--Asylon, a leader in US-made robotic perimeter security technology, announced today that its integrated robotic security platforms—including its DroneDog ground robot and Guardian drone systems—have surpassed a combined 250,000 automated security missions across commercial and critical infrastructure sites nationwide. In addition, DroneDog alone has now patrolled more than 150,000 miles in real world operational environments. These missions include scheduled patrols, alarm response, and post-incident monitoring, showcasing the growing role of robotics in 24/7 perimeter security. The 250,000 missions span both ground-based patrols by DroneDog and aerial operations by Guardian, Asylon's FAA-compliant drone-in-a-box solution. 'Reliability is the differentiator in both the robotics and security marketplace,' said Brent McLaughlin, Co-Founder and COO of Asylon. 'Crossing 250,000 missions—and 150,000 miles walked by DroneDog—is a testament not just to the capability of our DroneIQ software and operations team, but to the trust our clients place in robotic security every day.' Asylon's DroneDog is built on the Spot® platform from Boston Dynamics and enhanced with Asylon's proprietary PupPack and DroneIQ™ software. These additions transform Spot into an automated robotic security solution that can be piloted remotely from anywhere in the world or run autonomously via programmed routes and AI-enabled alerting. When paired with Asylon's Guardian drone system, customers receive a comprehensive aerial and ground security solution that integrates directly into existing alarm and video management systems. 'We've used both DroneDog and Guardian for over three years across our campus and continue to be impressed by the reliability and responsiveness. Asylon's team integrates seamlessly into our daily security operations—they're not just a vendor, they're a critical part of how we protect our people and property,' said John Gomes, Vice President, Physical Security Manager at Citizens Financial Group. Asylon serves clients across the country, with deployments from Hawaii to New England, and Indiana to Texas—providing security coverage in every climate and operational setting. These patrol milestones were achieved through a combination of consistent software improvements, robust hardware maintenance, and Asylon's Robotic Security Operations Center (RSOC), which ensures every patrol and response is executed with accountability and precision. Asylon's solution is deployed as a managed service, meaning customers benefit from full-stack support, maintenance, FAA compliance, and around-the-clock operations—without needing to hire or manage specialized robotics teams. For more information about Asylon's robotic perimeter security technology, visit: About Asylon Robotics Asylon is a U.S.-based leader in robotic perimeter security, offering fully managed ground and aerial security solutions for enterprise, critical infrastructure, logistics, and government clients. With its DroneDog and Guardian platforms powered by DroneIQ software and supported by its 24/7 RSOC team, Asylon delivers unmatched robotic security at scale.

US inflation rebounded in June
US inflation rebounded in June

CNN

time21 minutes ago

  • CNN

US inflation rebounded in June

US inflation surged in June, as higher prices — including those from tariffs — are packing a bigger punch. Consumer prices rose 0.3% last month, pushing the annual inflation rate higher to 2.7%, according to the latest Consumer Price Index data released Tuesday by the Bureau of Labor Statistics. June's data served as a turnabout from the relatively tame inflation readings of recent months, periods marked by falling gas prices, an ongoing disinflation in housing, weaker-than-typical travel prices and businesses not passing on their higher costs to customers. Economists were expecting CPI to have risen by 0.3% from May and by 2.7% annually, according to FactSet. This story is developing and will be updated.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store