Boston Beer Financial Guidance Update
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Boston Beer Company (SAM) PT Lowered to $564 at Citi
September 9, 2021 6:53 AM EDTCiti analyst Wendy Nicholson lowered the price target on Boston Beer Company (NYSE: SAM) to $564.00 (from $618.00) while maintaining a Neutral rating.
... MoreTruly Not Good: The Boston Beer Company (SAM) Sinks After Withdrawing 2021 Guidance on Hard Seltzer Demand Trend Uncertainties
September 8, 2021 5:52 PM EDTThe Boston Beer Company, Inc. (NYSE: SAM) shares fell 9% after-hours Wednesday after the alcoholic beverage company withdrew its 2021 guidance issued on July 22 as the market for hard seltzer products continues to experience decelerating growth trends and the uncertainty about the demand trends is... More
