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Friday, March 1, 2024

Battered Bud Light parent is a ‘nerve-racking’ buying opportunity, says analyst

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For steely-nerved investors, an opportunity awaits to buy shares of Bud Light’s battered parent AB Inbev.

That’s according to RBC Capital Markets analysts, who pushed back on the hit to the brewer’s share price and forecasts amid consumer backlash over a Bud Light social-media campaign featuring trans influencer Dylan Mulvaney.

RBC analysts…

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