This Analyst Says Boston Beer Stock Is Worth $650

Shares of Sam Adams-maker The Boston Beer Company (NYSE: SAM) are on a tear this morning, rising more than 3.7% -- and counting -- as of 11:55 a.m. EDT. One factor helping to keep the rally going is an enthusiastic analyst, Cowen & Company's Vivien Azer, who this morning raised her price target on Boston Beer stock to $650 a share, according to TheFly.com. As Azer explains in today's report, Boston Beer is one of the best-positioned names in the beer space thanks to its strong presence in the "on-premise channel" (i.e.