Roth MKM Upgrades Boston Beer Co to Buy, Raises Price Target to $386
Portfolio Pulse from richadhand@benzinga.com
Roth MKM analyst Bill Kirk upgrades Boston Beer Co (NYSE:SAM) from Neutral to Buy and raises the price target from $274 to $386.
May 30, 2023 | 9:26 am
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Boston Beer Co (NYSE:SAM) has been upgraded from Neutral to Buy by Roth MKM analyst Bill Kirk, with a raised price target of $386.
The upgrade from Neutral to Buy and the significant increase in the price target by Roth MKM analyst Bill Kirk indicate a positive outlook for Boston Beer Co's stock. This news is likely to have a positive short-term impact on the stock price as investors may see it as a signal to buy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100