Goldman Sachs Maintains Sell on Boston Beer Co, Lowers Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Bonnie Herzog has maintained a Sell rating on Boston Beer Co (NYSE:SAM) and reduced the price target from $257 to $250.
April 09, 2024 | 9:54 am
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NEGATIVE IMPACT
Goldman Sachs maintains a Sell rating on Boston Beer Co and lowers the price target from $257 to $250.
The reduction in price target by Goldman Sachs, a major financial institution, could lead to negative sentiment among investors, potentially causing a short-term decrease in the stock price of Boston Beer Co.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100