Boston Beer Co. (SAM) Tops Q2 EPS by 26c; Maintains Outlook

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Go back to Boston Beer Co. (SAM) Tops Q2 EPS by 26c; Maintains Outlook

Jefferies Cuts Price Target on Boston Beer Co. (SAM) Following a 28c EPS Beat

July 31, 2015 10:19 AM EDT

Jefferies maintained a Buy rating on Boston Beer Company (NYSE: SAM), and cut the price target to $256.00 (from $295.00), following 2Q results. SAM's 2Q EPS of $2.21 came in well ahead of the Street's $1.93. .SAM's 2Q revenues were in-line with Street estimate. SAM now expects... More