Boston Beer Company (SAM) Stock: $620 Price Target And Outperform Rating

By Amit Chowdhry ● Apr 25, 2022
  • The shares of Boston Beer Company Inc (NYSE: SAM) have received a $620 price target from Credit Suisse. These are the details.

The shares of Boston Beer Company Inc (NYSE: SAM) have received a $620 price target from Credit Suisse. And Credit Suisse analyst Kaumil Gajrawala is maintaining an “Outperform” rating.

Gajrawala adjusted the rating following the company’s first-quarter results. And Gajrawala believes this quarter’s results was the company’s first positive tone in multiple quarters while adding that the maintained EPS and revenue guidance hint that the worst may be behind.

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