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Fly News Breaks for January 17, 2019
BREW
Jan 17, 2019 | 08:00 EDT
Maxim analyst Alexander Scharf initiated Craft Brew (BREW) with a Buy rating and a price target of $21. The analyst cites the company's relationship with Anheuser-Busch InBev (BUD) helping position it for growth through "benefits that are typically unavailable to independent craft brewers." Scharf is also positive on Craft Brew gaining share in the soft ber market with its flagship Kona brand.
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