UBS Maintains Neutral on Boston Beer Co, Lowers Price Target to $390
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Sean King has maintained a Neutral rating on Boston Beer Co (NYSE:SAM) and lowered the price target from $408 to $390.
October 27, 2023 | 3:57 pm
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NEGATIVE IMPACT
UBS has maintained a Neutral rating on Boston Beer Co and lowered the price target from $408 to $390.
The lowering of the price target by UBS from $408 to $390 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Boston Beer Co's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100