Stifel Nicolaus Raises Price Target on Hansen Natural (HANS) to $58
More News related to HANS
- Morning Movers 11/06: ACLS, CVM, ZIOP, LPSN, CABL, ZGEN Higher; NHWK, GOK, CROX, CVI, RAIL, CSTR Lower
- After-Hours Movers 11/05: JSDA, ENOC, SAM, RST, ASEI, KFN Higher; MOVE, FNM, CROX, BEBE, BID Lower
- Hansen Natural (HANS) Misses Q2 EPS by 3c
- Hansen Natural Reports Record 2009 Third Quarter Financial Results
- Trading Radar for 11/05: Starbucks (SBUX), CBS Corp. (CBS), CVS (CVS), Toyota (TM), Thomson Reuters (TRI)
Stifel Nicolaus reiterates its Buy rating on Hansen Natural (Nasdaq: HANS) and raises its price target on the Company from $55 to $58.
The firm said it is more confident in Hansen Natural after a recent meeting with management and additional channel checks, which both suggested that Hansen will continue to see positive momentum in its high margin, high growth segment.
Stifel Nicolaus raised its FY08 and FY09 EPS estimates from $2.04 to $2.07 and from $2.40 to $2.47, respectively.
Hansen Natural Corporation, through its subsidiaries, engages in the development, marketing, sale, and distribution of beverages in the United States and Canada.
Related Categories
Analyst CommentsStocks Mentioned
-2.52Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
