UBS lowered the firm’s price target on Boston Beer (SAM) to $230 from $234 and keeps a Neutral rating on the shares. The firm sees another “dynamic” earnings season for U.S. consumer staples, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAM:
- Micron upgraded, Klarna initiated: Wall Street’s top analyst calls
- Citi downgrades Boston Beer to Neutral on sales weakness
- Boston Beer downgraded to Neutral from Buy at Citi
- How Health Warnings Are Reshaping the Alcohol Industry
- Trump Weekly: Trump weighs stake in Intel, candidates for Fed Chair