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Fly News Breaks for June 12, 2017
SAM
Jun 12, 2017 | 08:23 EDT
Cowen analyst Vivien Azer believes shares of Boston Beer should be sold as its market leading positions within craft beer and cider remain under pressure and represent the potential for continued share losses and risk for further downside guidance revisions. Azer maintained he Underperform rating and $126 price target on Boston Beer shares.
News For 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.
