Analysts: Boston Beer Is No Longer a Sell and 3 More Research Notes to Explore
Boston Beer Co. (NYSE:SAM): Goldman Sachs has upgraded the maker of Samuel Adams from Sell to Neutral due to its higher volume growth, largely driven by the Angry Orchard hard cider. The firm has also raised its price target from $141 to $162.
VMware (NYSE:VMW): Oppenheimer believes that VMware’s Hybrid cloud service and Horizon mobile solutions are key to meeting the needs of modern businesses, thinks that the products will cause the company’s growth to accelerate. The firm keeps an Outperform rating on the shares.
Maxim Integrated (NASDAQ:MXIM): Following meetings with the company, Oppenheimer reports that the company is still confident that its business with Samsung will increase year-over-year, and that its industrial business remains strong. The firm keeps an Outperform rating on the shares.
Kodiak Oil & Gas (AMEX:KOG): Meetings with Kodiak’s CEO have told Oppenheimer that investor sentiment towards the Bakken is improving, and the firm believes that the tests Kodiak is currently undertaking could increase its valuation if the they yield positive results. The firm keeps the shares rated at Outperform.