Boston Beer Company Raises Guidance, Hits 52-Week High (SAM)

Shares of Boston Beer Company, Inc. SAM are trading up 13% at $95.75 per share during the Wednesday afternoon trading session. The company announced on Tuesday after the market closed that it was raising its full year 2010 earnings forecast to a range between $3.30 and $3.60 per share. The day's range for shares of Boston Beer Company, Inc has been between $89.96 and a 52-week high of $96.67 per share. The average price target of analysts who cover Boston Beer Company, Inc. (SAM) is $84.25 per share. Volume of 336,000 shares is already more than 4 times the daily average volume of 73,000 shares. Read more from Benzinga's Company news.