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Analyst Gives Dire News to Bud Light: ‘No Recovery’

Two market analysts gave grim news to Bud Light, with no predicting there would be “no recovery”
Analyst Gives Dire News to Bud Light: ‘No Recovery’
Bud Light, made by Anheuser-Busch, sits on a store shelf in Miami, Fla., on July 27, 2023. Joe Raedle/Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:
0:00

Two market analysts gave grim news to Bud Light, with one predicting there would be “no recovery” for the boycott-beleaguered brand in 2023.

“We assume no recovery in Bud Light [this year],” RBC Capital Markets analyst James Jones wrote in a note this week, according to Yahoo Finance.

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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