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Anheuser-Busch InBev SA/NV (NYSE:BUD) Share Price Passes Above 200 Day Moving Average - Here's What Happened
Anheuser-Busch InBev SA/NV (NYSE:BUD) shares have risen above their 200-day moving average of $66.12, trading as high as $68.46 on Friday. The company recently beat quarterly earnings estimates with an EPS of $0.95 and revenue of $15.56 billion. Analysts currently have a “Moderate Buy” consensus rating with a target price of $86.50 for BUD.