The Boston Beer Company Announces CEO Succession Plan
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
CFRA Downgrades Boston Beer Company (SAM) to Sell
February 28, 2024 8:47 AM ESTCFRA analyst Garrett Nelson downgraded Boston Beer Company (NYSE: SAM) from Hold to Sell with a price target of $275.00 (from $350.00).
The analyst comments "We cut our 12-month target by $75 to $275, representing a '25 P/E of 27x, a justified discount to its 10-year average... More
Boston Beer Company (SAM) PT Lowered to $275 at Morgan Stanley
February 28, 2024 5:06 AM ESTMorgan Stanley analyst Eric Serotta lowered the price target on Boston Beer Company (NYSE: SAM) to $275.00 (from $285.00) while maintaining a Underweight rating.
The analyst comments "We expect a negative reaction following SAM's 4Q results and weaker than expected FY24 EPS guidance that... More
Boston Beer Company (SAM) PT Lowered to $350 at Citi, 'we don’t see a clear path to a return to sustained depletions growth'
February 28, 2024 3:22 AM ESTCiti analyst Wendy Nicholson lowered the price target on Boston Beer Company (NYSE: SAM) to $350.00 (from $370.00) while maintaining a Neutral rating.
The analyst comments "SAM reported 4Q23 EPS of -$1.49 (vs. our -$0.64 estimate and VA cons. of -$0.56) on softer... More
