Boston Beer Co. (SAM) Tops Q3 EPS by 79c

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Boston Beer Company (SAM) PT Raised to $160 at Jefferies Following 3Q

October 27, 2017 8:00 AM EDT

Jefferies raised its price target on Boston Beer Company (NYSE: SAM) to $160.00 (from $142.00) while maintaining a Hold rating following the company's 3Q. SAM's 3Q beat was low-quality as revenues missed by 4%, offset by lower A&P, with $2.78 in EPS ahead of the Street's... More