UBS has lowered its price target for AB InBev from 72 euros to 70 euros, but still maintains a "buy" rating.

Analyst Sanjeet Aujla believes that investors will focus on the company's strong return on free cash flow, especially as cash distributions increase.

The report, published on December 11, 2024, highlights the growing importance of cash flow in investment decisions and suggests that AB InBev's financial health remains strong despite the revised price target.

Overall, the analysis indicates a positive outlook for the beverage giant and demonstrates confidence in its ongoing market performance.