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Fly News Breaks for April 4, 2018
SAM
Apr 4, 2018 | 08:30 EDT
As reported previously, Cowen analyst Vivien Azer upgraded Boston Beer to Market Perform from Underperform. The analyst upgraded the shares on the heels of strong Nielsen data in the non-beer category. She noted beer trends continue to be sluggish and the company will be facing increasingly tougher comps in the coming months, so the non-beer trends look surprisingly strong. Azer raised her price target to $195 from $150 on Boston Beer shares.
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.
