Analysts revise Bud Light stock price target amid ‘beyond beer' expansion bid

Following last year's controversy, which led to a wide-scale boycott of its products and subsequent declines in the price of its stocks, Bud Light beer manufacturer Anheuser-Busch InBev (NYSE: BUD) seems to be turning a new page, and analysis have updated their price targets for BUD shares. Specifically, Bud Light's parent amnounced it was expanding its production "beyond beer" and boosting the capacity for beverages like Cutwater and Nitrl vodka seltzer, its two ready-to-drink canned cocktails, as well as ...