Citigroup Maintains Neutral on Boston Beer Co, Raises Price Target to $370
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Filippo Falorni maintains a Neutral rating on Boston Beer Co (NYSE:SAM) and raises the price target from $350 to $370.
October 11, 2023 | 3:45 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Boston Beer Co and raises the price target from $350 to $370.
The news is directly related to Boston Beer Co (SAM). The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is fairly valued at its current price. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100