Roth MKM Maintains Buy on Boston Beer Co, Lowers Price Target to $389
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Bill Kirk maintains a Buy rating on Boston Beer Co (NYSE:SAM) but lowers the price target from $395 to $389.

July 26, 2024 | 5:06 pm
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Roth MKM analyst Bill Kirk maintains a Buy rating on Boston Beer Co (NYSE:SAM) but lowers the price target from $395 to $389.
The maintained Buy rating suggests continued confidence in Boston Beer Co's performance, but the slight reduction in the price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100