TD Cowen slashes ratings for beer sellers Constellation Brands, AB InBev

By Yahoo! Finance | Oct 8, 2024 at 10:09 AM EST

TD Cowen analysts have downgraded Constellation Brands and Anheuser Busch Inbev stocks to "Hold" due to challenges in their beer businesses. Constellation lowered its sales growth outlook, while AB InBev faced demand headwinds in the US and China.

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