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Fly News Breaks for September 21, 2016
SAM
Sep 21, 2016 | 07:55 EDT
As reported previously, Cowen analyst Vivien Azer downgraded Boston Beer to Underperform from Market Perform. The analyst cited its string of disappointing monthly Nielsen data and structural headwinds to the company's core assets, which present meaningful earnings risk. Azer lowered her price target to $128 from $170 on Boston Beer shares, which were also initiated with an Outperform rating by William Blair analyst Jon Andersen this morning.
News For SAM From the Last 2 Days
SAM
Apr 25, 2024 | 16:36 EDT
Sees depletions and shipments percentage change down low single digit to up low single digit. Sees price increases 1%-2%. Sees capital spending $90M-$110M.
