Heineken: Barclays remains positive, adjusts TP

(CercleFinance.com) - Barclays confirms its 'overweight' recommendation on Heineken shares, trimming its target price from E92 to E90, after a Q3 that delivered few surprises and went largely as expected, in contrast to previous quarters.


Saying that it is now free to think ahead to 2025, the broker anticipates a more cautious approach from management, but expects a modest share buyback program and a repeat of the current year's forecasts.


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