- Cowen analyst Vivien Azer upgraded Boston Beer Company (NYSE:SAM) to Market Perform from Underperform with a price target of $500, up from $400, implying a 1.53% upside.
- The analyst noted the share price has compressed, reflecting the negative revisions to company guidance.
- Vivien said with Nielsen trends starting to show signs of stabilization, lower expectations have been priced into the stock.
- Price Action: SAM shares are trading higher by 6.97% at $492.47 on the last check Monday.
Netflix Dominates Nielsen Top Ten List For Streaming Hours, But ‘Encanto’ Makes A Big Debut For Disney
A list put out by research firm Nielsen Holdings (NYSE: NLSN) showed how many hours were streamed of top shows and movies on major streaming platforms for the week of Dec. 27, 2021 through Jan. 2, 2022.
