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Boston Beer Company (SAM) PT Raised to $250 at CFRA

October 25, 2024 6:23 AM EDT

CFRA analyst Garrett Nelson raised the price target on Boston Beer Company (NYSE: SAM) to $250.00 (from $230.00) while maintaining a Sell rating.

The analyst comments "We raise our 12-month target by $20 to $250, representing a 2025 P/E of 26.3x, a discount to historic averages... More