Wedbush Maintains Neutral on Boston Beer Co, Raises Price Target to $378
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Gerald Pascarelli maintains a Neutral rating on Boston Beer Co (NYSE:SAM) and raises the price target from $370 to $378.
October 25, 2023 | 2:09 pm
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Wedbush maintains a Neutral rating on Boston Beer Co and raises the price target from $370 to $378.
The news is directly about Boston Beer Co. The analyst maintains a Neutral rating, indicating no significant change in the company's outlook. However, the increase in price target from $370 to $378 suggests a slightly positive sentiment towards the company's stock. This could potentially lead to a slight increase in the stock price, but given the Neutral rating, the impact is not expected to be significant.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100