Morgan Stanley raises Boston Beer stock price target on margin gains
Morgan Stanley raised its price target for Boston Beer (SAM) to $200 from $190, citing better-than-expected Q3 earnings of $4.37 per share and improved gross margins. The company reported $520.1M in revenue, slightly below estimates, but raised fiscal 2026 EPS guidance. Analysts noted margin gains and cost efficiencies despite volume declines and higher freight costs.


