Boston Beer Co. stock jumps 6% after Goldman Sachs upgrades rating
The Boston Beer Company was upgraded by investment analysts at Goldman Sachs from a “sell” rating to a “neutral” rating in a note issued to investors on Wednesday, StockRatingsNetwork reports. The firm currently has a $162.00 target price on the stock, up from their previous target price of $141.00. Goldman Sachs’ price objective points to a potential upside of 3.52% from the stock’s previous close.
The stock price rose from $156 to $165 on Wednesday.
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Breweries: The Boston Beer Company
