BUD - アンハイザ―・ブッシュ・インベブ （）

The post Bud Light parent company’s stock downgraded by HSBC amid branding ‘crisis,’ huge sales drop appeared on BitcoinEthereumNews.com . HSBC has downgraded Anheuser-Busch InBev stock to hold amid a “crisis” following Bud Light’s marketing campaign featuring transgender activist Dylan Mulvaney. Carlos Laboy, managing director at HSBC’s global beverage sector,…

HSBC stock analyst Carlos Laboy downgraded stock in AB InBev, Anheuser-Busch''s parent company, to "hold," saying the U.S. branch of the world beer giant had been damaged by the flap over its partnership with transgender social-media influencer Dylan Mulvaney.

One month ago, a controversial ad campaign sent Anheuser-Busch (NYSE: BUD ) shares into free fall. The beer conglomerate partnered with transgender influencer and advocate Dylan Mulvaney and apparently, much of its fanbase did not approve. BUD stock plunged in April and has continued trending downward. Over the last month, shares are down 5%. Exactly one month later, the dust is finally starting to settle. A safe conclusion to draw is that BUD stock isn’t bouncing back easily. In fact, the company reported discouraging sales for the month of April. This isn’t helped by the fact that Wall Street seems to be souring on Anheuser-Busch as well. What’s Happening With BUD Stock The company’s recent sales figures show that Bud Light sales have been on the decline over the past month. TipRanks reports that Anheuser-Busch sales overall have fallen 12% since Mulvaney’s ad and that Bud Light sales are down 21.4%. Beer Business Daily has described these results as a “shocking deterioration.” Additionally, HSBC recently downgraded BUD stock, citing deep problems within the company regarding its management.

Anheuser-Busch stock shed over 3 percent by Wednesday afternoon after the HSBC news.

It’s time to step to the sidelines on Anheuser-Busch InBev as it deals with a “Bud Light crisis,” according to HSBC.

Here are seven major companies whose stocks moved on the week’s news.

The company''s global CEO Michel Doukeris this week came out swinging at the "misinformation" being spread about the extent of Bud Light''s relationship with the transgender influencer, who has more than 10 million followers on TikTok.

[spotlight] Obesity is a complicated public health issue that can be devastating on both the societal and the individual level. On one hand, it costs our economy millions and is a strain on our under-resourced health system. On the other hand, it is a psychological and physical burden to those who are acutely affected - individuals who inevitably face stigma at every turn, with undeserved overlays of blame and shame.

“Since we are talking about the U.S., let me share some thoughts on the Bud Light situation and put it in the context of our global company,” Doukeris said.

https://www.investing.com/news/pro/anheuserbusch-inbev-receives-investment-bank-analyst-rating-update-3074309

Altria''s (MO) recent moves to exit its Juul stake and purchase NJOY may mean that the likelihood of selling its stake in Anheuser-Busch InBev (BUD) may be increasing, according…

Altria Group could use proceeds from the sale of its $11 billion interest in Anheuser-Busch, the top global beer maker, for stock buybacks.

(marketscreener.com) Trevor Stirling from Bernstein retains his positive opinion on the stock with a Buy rating. No major update to the target price set at EUR 71 compared to EUR 69.https://www.marketscreener.com/quote/stock/ANHEUSER-BUSCH-INBEV-SA-N-31571356/news/AB-INBEV-Bernstein-reaffirms-its-Buy-rating-43151157/?

(marketscreener.com) Credit Suisse analyst reiterate his Sell rating on the stock. The target price remains set at EUR 61.https://www.marketscreener.com/quote/stock/ANHEUSER-BUSCH-INBEV-SA-N-31571356/news/AB-INBEV-Receives-a-Sell-rating-from-Credit-Suisse-43151135/?

https://www.investing.com/news/pro/anheuserbusch-inbev-pt-raised-to-eur61-at-deutsche-bank-432SI-3021243