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Stock Market & Financial Investment News

News For SAM From The Last 14 Days
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October 31, 2014
10:19 EDTSAMBoston Beer rises sharply after results, levels to watch
The shares are up over 5.2% to $243.59, off the earlier high at $247.02 which is just below the life high and is now resistance. Support is at $240.37.
07:39 EDTSAMBoston Beer price target raised to $280 form $250 at Cowen
Cowen raised its price target on Boston Beer to $280 from $250 following the company's Q3 results. The firm believes company guidance is conservative given the business momentum and reiterates its Outperform rating on Boston Beer shares.
October 30, 2014
16:48 EDTSAMBoston Beer reaffirms 2014 EPS outlook $6.00-$6.40, consensus $6.51
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16:47 EDTSAMBoston Beer reports Q3 EPS $2.79, consensus $2.32
Reports Q3 revenue $269.7M, consensus $258.57M. Depletions grew 21% and 25% from the comparable 13 and 39 week periods in the prior year. Core shipment volume was approximately 1.2M barrels, a 23% increase over last year.

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