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Boston Beer Bumped To Neutral As Risk-Reward Begins To Balance
Tuesday, September 26, 2017 - 1:40pm | 369Analysts at Credit Suisse turned more positive on Boston Beer Company Inc (NYSE: SAM), the beer maker behind the Sam Adams brand. The firm's Laurent Grandet upgrades Boston Beer's stock rating from Underperform to Neutral with a price target boosted from $140 to $150 despite ongoing weaknesses....
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For Guinness Beer Owner Diageo, March Is The Money Month
Monday, March 20, 2017 - 11:07am | 314Few brands are more associated with St. Patrick's Day than Guinness beer, which needless to say, means that the beer's parent company Diageo plc (ADR) (NYSE: DEO) sees outsized benefits in March. According to Statista, the total number of pints of Guinness served on any given day across the world...
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Raise Your Glass: Bud Light Makes Up 20 percent Of Beer Sales
Thursday, April 17, 2014 - 2:40pm | 346Vox.com on Wednesday reported that Bud Light came in as a clear winner in 2013 U.S. beer sales. Using Information Resources's data on cases of beer sold by brand, type and percent of total sales, the charts revealed that one-in-five beers sold in the United States is Anheuser-Busch's (NYSE: BUD)...
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Asahi Group Expects For 0.5% Rise In 2012 Beer Sales
Tuesday, January 10, 2012 - 5:52am | 32Asahi Group Holdings Ltd (OTC: ASBRF) projects to sell 167 million cases of beer this year, up 0.5% versus its sales forecast for 2011. Asahi Group expects it sold around 166.1 million cases in 2011, down 3.0% versus 2010.