Information Provided By:
Fly News Breaks for February 22, 2018
SAM
Feb 22, 2018 | 08:35 EDT
Credit Suisse analyst Laurent Grandet raised his price target for Boston Beer to $172 from $160 following quarterly results. The analyst reiterates a Neutral rating on the 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.