Morgan Stanley upgraded Boston Beer's rating from 'underweight' to 'equal weight' with a $290 price target.

Morgan Stanley upgraded Boston Beer (NYSE:SAM) from an 'underweight' rating to an 'equal weight' rating, with a $290.00 price target. This suggests a potential downside of 1.62% from the stock's previous close. Other analysts have also issued reports on the company, with Piper Sandler setting an 'overweight' rating and $350.00 target price, while UBS Group reduced its price objective from $390.00 to $355.00 and set a 'neutral' rating.