Food Industry
Industry: Email Alert RSS FeedLehman Bros. cautious about U.S. beer market
Modern Brewery Age, May 30, 2005
Given the weak performance of the U.S. beer sector, Lehman Brothers analysts have said that the possibility of a "weaker, but also more competitive market in 2005 ... should not be taken lightly."
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In their write-up, analysts noted, "Within our coverage, we would highlight the downside potential for SABMiller and for Heineken, both rated at underweight."
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