Form 8-K BOSTON BEER CO INC For: Feb 16

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Go back to Form 8-K BOSTON BEER CO INC For: Feb 16

Boston Beer Company (SAM) PT Lowered to $660 at Guggenheim; 'Reset Year'

February 17, 2022 9:31 AM EST

Guggenheim analyst Laurent Grandet lowered the price target on Boston Beer Company (NYSE: SAM) to $660.00 (from $740.00) while maintaining a Buy rating following results and sees this as a "reset year."

The analyst commented, "Boston Beer reported 4Q results that were essentially aligned with the revised lower guidance the company disclosed on Jan 14 that included... More