Analyst Upgrades A-B Stock to Buy

Deutsche Bank analyst Mitch Collett upgraded Anheuser-Busch to Buy from hold and raised his target price to $60 from $52, arguing that the controversy surrounding Bud Light is coming to a close.

Collett is very much in the lead on seeing an end to the Bud Light controversy.  Bud Lights sales have been down more than 20% for over nine weeks now.