Roth MKM Maintains Buy on Boston Beer Co, Raises Price Target to $422
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Bill Kirk has maintained a Buy rating on Boston Beer Co (NYSE:SAM) and increased the price target from $406 to $422.
January 23, 2024 | 3:51 pm
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Roth MKM analyst Bill Kirk maintains a Buy rating on Boston Beer Co and raises the price target to $422, indicating a positive outlook on the stock.
The increase in price target by Roth MKM suggests a bullish outlook on Boston Beer Co's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price, as market participants often react positively to analyst upgrades and higher price targets.
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IMPORTANCE 80
RELEVANCE 100