4 Analysts Assess Boston Beer Co: What You Need To Know
Portfolio Pulse from Benzinga Insights
In the past three months, analysts have shown mixed sentiments towards Boston Beer Co (NYSE:SAM), with a range of ratings from bullish to bearish. The average 12-month price target has decreased by 2.67% to $355.25. Analysts have adjusted their ratings and price targets in response to market dynamics and company performance. Boston Beer Co faces challenges with a -4.01% revenue decline but maintains strong net margins and financial health.
October 23, 2024 | 6:01 pm
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NEUTRAL IMPACT
Boston Beer Co (NYSE:SAM) has received mixed analyst ratings, with a decrease in the average price target by 2.67% to $355.25. Despite a -4.01% revenue decline, the company maintains strong net margins and financial health.
The mixed analyst ratings and decrease in price target suggest uncertainty in the short-term outlook for SAM. However, the company's strong net margins and financial health provide a counterbalance, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100