Craft Brewers Alliance (BREW) Tops Q3 EPS by 3c

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Craft Brew Alliance (BREW) PT Raised to $23 at Cowen Following 3Q

November 9, 2017 5:20 PM EST

Cowen raised its price target on Craft Brew Alliance (NASDAQ: BREW) to $23.00 (from $20.00) while maintaining a Outperform rating following the company's 3Q earnings report. BREW delivered EPS of $0.09, largely driven by 9% depletion growth from Kona and notable gross margin expansion.

Kona continued to... More