- Cowen analyst Vivien Azer upgraded Boston Beer Company SAM to Market Perform from Underperform with a price target of $500, up from $400, implying a 1.53% upside.
- The analyst noted the share price has compressed, reflecting the negative revisions to company guidance.
- Vivien said with Nielsen trends starting to show signs of stabilization, lower expectations have been priced into the stock.
- Price Action: SAM shares are trading higher by 6.97% at $492.47 on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
