UPDATE: Goldman Sachs Raises PT on Boston Beer Co. on Raised Estimates, Stretched Valuation
September 18, 2013 at 11:39 AM EDT
In a report published Wednesday, Goldman Sachs analyst Judy E. Hong reiterated a Neutral rating on Boston Beer Co. (NYSE: SAM ), and raised the price target from $180.00 to $233.00. In the report, Goldman Sachs noted, “We raise our EPS estimates for SAM by 2.6%/7.6%/13.2% in 2013/2014/2015 and increase