Nomura Securities Downgrades Boston Beer Company (SAM) to Neutral
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Berenberg Starts Boston Beer Company (SAM) at Sell
January 13, 2016 7:08 AM ESTBerenberg initiates coverage on Boston Beer Company (NYSE: SAM) with a Sell rating and a price target of $138.00.
Analyst Adam Mizrahi commented: "Structural challenges in Boston Beers Samuel Adams and Angry Orchard brands (70% of EBIT) are underestimated, putting top-line expectations at risk. The... More
Jefferies Downgrades Boston Beer Company (SAM) to Hold
January 8, 2016 7:27 AM ESTJefferies downgraded Boston Beer Company (NYSE: SAM) from Buy to Hold with a price target of $210.00, citing risk to guidance.
Analyst Kevin Grundy said, "After three downward revisions (in four qtrs.), we see risk to SAMs FY16 guide and... More
