RBC Capital Reiterates Sector Perform on Boston Beer Co, Maintains $337 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has reiterated a 'Sector Perform' rating on Boston Beer Co (NYSE:SAM) and maintained a price target of $337.

February 29, 2024 | 6:05 pm
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RBC Capital maintains a 'Sector Perform' rating on Boston Beer Co with a $337 price target.
The reiteration of the 'Sector Perform' rating and maintenance of the price target at $337 by RBC Capital suggests a neutral outlook on Boston Beer Co's stock in the short term. This indicates that the analyst believes the stock is fairly valued at its current level, and there might not be significant price movement unless new, impactful information becomes available.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90