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Thursday, April 25, 2024

Goldman Sachs Downgrades Boston Beer To Sell

Courtesy of Benzinga.

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Analysts at Goldman Sachs downgraded Boston Beer Co Inc (NYSE: SAM) from Neutral to Sell.

The price target for Boston Beer has been lowered from $284.00 to $240.00.

Boston Beer shares have gained 3.12 percent over the past 52 weeks, while the S&P 500 index has surged 10.86 percent in the same period.

Boston Beer shares fell 4.62 percent to close at $247.80 yesterday.

Latest Ratings for SAM

Date Firm Action From To
May 2015 Goldman Sachs Downgrades Neutral Sell
Apr 2015 Susquehanna Initiates Coverage on Neutral
Mar 2015 Jefferies Maintains Buy

View More Analyst Ratings for SAM
View the Latest Analyst Ratings

Posted-In: Goldman SachsDowngrades Analyst Ratings

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