Boston Beer Co. (SAM) Tops Q4 EPS by 3c, FY15 EPS Guidance Misses

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UPDATE: Cowen Downgrades Boston Beer Company (SAM) to Market Perform on Disappointing FY15 Outlook

February 25, 2015 8:12 AM EST

(Updated - February 25, 2015 9:25 AM EST)

Cowen downgraded Boston Beer Company (NYSE: SAM) from Outperform to Market Perform with a price target of $308 (from $335). The change follows Q4 results and guidance. Analyst Vivien Azer pointed to disappointing outlook.

"With the stock having appreciated 43% since mid September, and with... More