Oppenheimer Reiterates an 'Outperform' on SodaStream (SODA); Housewares Show Highlights Continuing Innovation

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Oppenheimer reiterates an 'Outperform' on SodaStream International (NASDAQ: SODA) price target of $55.00.

Analyst, Joseph Altobello, said, "Our meeting with SodaStream at this year's Housewares Show provided us with increased confidence in our bullish stance on the shares. Importantly, it highlighted the company's commitment to innovation, as evidenced by the new Revolution electric soda maker, while underscoring our belief that the slowdown in machine unit shipments in 4Q severely understates the health of the business."

For an analyst ratings summary and ratings history on SodaStream International click here. For more ratings news on SodaStream International click here.

Shares of SodaStream International closed at $34.56 yesterday, with a 52 week range of $27.60-$79.72.

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