Heineken (HEINY) Upgraded to Buy by Zacks Investment Research

Zacks Investment Research upgraded shares of Heineken (OTCMKTS:HEINY) from a hold rating to a buy rating in a report published on Thursday. The firm currently has $59.00 price target on the stock.

According to Zacks, “Heineken N.V. is engaged in producing and distributing beverages. It offers beer, cider, soft drinks, and other beverages. The Company’s principal global brand is Heineken. Heineken N.V. is headquartered in Amsterdam, the Netherlands. “

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Separately, Jefferies Group upgraded Heineken from a hold rating to a buy rating in a research note on Thursday, January 11th.

Shares of Heineken stock opened at $51.99 on Thursday. Heineken has a 52 week low of $42.13 and a 52 week high of $56.95.

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Heineken Company Profile

Heineken N.V. engages in brewing and selling beer. The company operates through Africa, Middle East & Eastern Europe; Americas; Asia Pacific; and Europe segments. It offers beer, cider, soft drinks, and other beverages. The company offers its beers under the Heineken, Amstel, Desperados, Sol, Affligem, Tiger, Tecate, Krusovice, and Red Stripe brands, as well as under various other regional and local brands; and cider under the Strongbow Apple Ciders, Blind Pig, Stassen, Bulmers, Old Mout, and Orchard Thieves brands.

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