Wedbush Maintains Neutral on Boston Beer Co, Raises Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Gerald Pascarelli has maintained a Neutral rating on Boston Beer Co (NYSE:SAM) and raised the price target from $325 to $350.

July 28, 2023 | 5:47 pm
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Wedbush analyst has maintained a Neutral rating on Boston Beer Co and raised the price target to $350.
The news is directly about Boston Beer Co. The analyst's decision to maintain a neutral rating suggests that the stock's performance is expected to be in line with the market or sector average. The increase in price target, however, indicates a positive outlook for the company's stock in the future. This could potentially attract investors, but the neutral rating also suggests caution.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100