Deutsche Bank Maintains Hold on Boston Beer Co, Raises Price Target to $283
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Steve Powers maintains a Hold rating on Boston Beer Co (NYSE:SAM) and raises the price target from $273 to $283.
July 17, 2024 | 2:57 pm
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Deutsche Bank analyst Steve Powers maintains a Hold rating on Boston Beer Co (NYSE:SAM) and raises the price target from $273 to $283.
The raised price target from $273 to $283 indicates a positive outlook from Deutsche Bank, which could lead to a short-term increase in investor confidence and potentially a slight uptick in the stock price. However, the Hold rating suggests that significant gains are not expected.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100