Deutsche Bank analyst Steve Powers lowered the firm’s price target on Boston Beer (SAM) to $226 from $233 and keeps a Hold rating on the shares.
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Read More on SAM:
- Boston Beer price target lowered to $230 from $234 at UBS
- Boston Beer’s Earnings Call: Margins Up, Volumes Down
- Boston Beer: Strong Gross Margins but Higher Investments and Slower Growth Keep Rating at Hold
- Boston Beer price target lowered to $235 from $245 at Morgan Stanley
- Boston Beer price target lowered to $226 from $233 at Deutsche Bank