William Blair Sees Promise in SodaStream's (SODA) New Product Pipeline

Shares of SodaStream (Nasdaq: SODA) are underperforming the broader stock market Friday despite some reassuring comments from William Blair's Jon Andersen earlier.

The analyst, following recent meetings with managers at SodaStream, said the company's pipeline of new products looks promising. He also believes the company has positioned itself to capture a large chunk of growth within the home beverage carbonation market.

Andresen maintains an Outperform rating on shares of SodaStream.

While the S&P 500 is up about 0.5 percent at last check, SodaStream shares are up just 0.2 percent to $34.90.

Visit our Analyst Ratings page to track all the market-moving analyst action on shares of SodaStream.

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