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News For SAM;SAM From the Last 2 Days
SAM
Apr 16, 2024 | 05:38 EDT
Citi lowered the firm's price target on Boston Beer to $315 from $350 and keeps a Neutral rating on the shares as part of a Q1 earnings preview for the beverages and household and personal care group. The firm sees another quarter of gross margin upside but believes the market will not reward earnings beats on margins without solid sales and volume trends.