CFRA Maintains Hold on Boston Beer Co, Raises Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
CFRA analyst Garrett Nelson maintains a 'Hold' rating on Boston Beer Co (NYSE:SAM) and raises the price target from $300 to $350.
July 28, 2023 | 8:47 am
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CFRA analyst Garrett Nelson maintains a 'Hold' rating on Boston Beer Co and raises the price target from $300 to $350.
The news is directly about Boston Beer Co and its stock. The 'Hold' rating suggests that the analyst does not expect significant price movement in the short term. However, the raised price target indicates a positive long-term outlook, which could potentially attract new investors.
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IMPORTANCE 70
RELEVANCE 100