Information Provided By:
Fly News Breaks for September 14, 2017
SAM
Sep 14, 2017 | 17:21 EDT
Macquarie analyst Caroline Levy initiated Boston Beer with an Underperform and a $140 price target. Levy expects the company to continue to struggle due to its inability to find a significant new niche in the market, a weaker craft beer category, and increased competition from a "flood" of new entrants.
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.