Citigroup Maintains Neutral on Boston Beer Co, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Filippo Falorni has maintained a Neutral rating on Boston Beer Co (NYSE:SAM) but has lowered the price target from $370 to $350.
February 28, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Citigroup maintains a Neutral rating on Boston Beer Co but lowers the price target from $370 to $350.
The reduction in the price target by Citigroup, despite maintaining a Neutral rating, could lead to a negative short-term sentiment among investors, potentially causing a decrease in the stock price of Boston Beer Co.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100