Boston Beer Company (SAM) PT Lowered to $990 at Morgan Stanley

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Boston Beer Company (SAM) PT Lowered to $1,500 at Guggenheim

July 23, 2021 6:31 AM EDT

Guggenheim analyst Laurent Grandet lowered the price target on Boston Beer Company (NYSE: SAM) to $1,500.00 (from $1,800.00) while maintaining a Buy rating.

The analyst commented, "Boston Beer reported 2Q results that were substantially weaker than we and the Street expected on the top... More