RBC Capital Maintains Sector Perform on Boston Beer Co, Lowers Price Target to $318
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi maintains a Sector Perform rating on Boston Beer Co (NYSE:SAM) but lowers the price target from $332 to $318.
July 26, 2024 | 2:39 pm
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RBC Capital analyst Nik Modi maintains a Sector Perform rating on Boston Beer Co (NYSE:SAM) but lowers the price target from $332 to $318.
The lowered price target from $332 to $318 suggests a less optimistic outlook for Boston Beer Co, which could negatively impact investor sentiment and short-term stock price.
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IMPORTANCE 70
RELEVANCE 100