Citi analyst Filippo Falorni upgraded Boston Beer to "buy" today and stock popped 1.5% at presstime. "We see a clearer path towards volume/topline growth post better-than-expected flat depletions" in Q4 and early 2025. Filippo forecasts 1% depletions gain for SAM in 2025, with Truly trends moderating to 16.5% drop (vs...
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Sign o' The Times? Citi Upgrades Boston to Buy, "Clearer Path" to 2025 Growth; Downgrades STZ to Neutral on "Too Many External Headwinds"
Publishing Info
- Newsletter: INSIGHTS Express
- Published: 03/20/2025
- Volume: 27
- Issue #: 60