Boston Beer Reports Second Quarter Financial Results

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Go back to Boston Beer Reports Second Quarter Financial Results

Boston Beer Company (SAM) PT Lowered to $318 at RBC Capital

July 26, 2024 6:43 AM EDT

RBC Capital analyst Nik Modi lowered the price target on Boston Beer Company (NYSE: SAM) to $318.00 (from $332.00) while maintaining a Sector Perform rating.

The analyst comments "As expected, category pressures were too much to overcome in the near term and... More

Boston Beer Company (SAM) PT Lowered to $290 at Citi

July 26, 2024 4:39 AM EDT

Citi analyst Wendy Nicholson lowered the price target on Boston Beer Company (NYSE: SAM) to $290.00 (from $325.00) while maintaining a Neutral rating.

The analyst comments "SAM reported 2Q24 EPS of $4.39 (well below our $4.82 and $4.89/$5.00 BB/FS consensus) on -4.0%/-6.4% depletions/shipments and GM of 46.0%... More