The price of SAM is predicted to go up 2.67%, based on the high correlation periods with BCTX. The similarity of these two price pattern on the periods is 97.58%.
SAM
BCTX
Boston Beer's exclusive focus on high-end malt beverages, coupled with its strong innovation pipeline, bodes well for mid-single-digit top-line growth in the coming years.
Top volume shares in on-trend categories, including hard seltzer, flavored malt beverages, and hard cider, should help Boston Beer garner more distributor support and gain retail shelf space.
Boston Beer can leverage its strong in-house sales team to bolster ties with distributors and retailers and collect timely feedback from the marketplace for more-effective product planning.
Piper Sandler
2025-02-26
Price Target
$275 → $240
Downside
-0.56%
Roth MKM
2025-02-26
Price Target
$389 → $349
Upside
+44.6%
Morgan Stanley
2025-02-26
Price Target
$290 → $270
Upside
+11.87%