Standpoint Research Downgrades Hansen Natural (HANS) to Hold; Valuation Call
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Price: $95.38 --0%
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade HANS Now!
Standpoint Research downgrades Hansen Natural (Nasdaq: HANS) from Buy to Hold.
Standpoint analyst says, "HANS is ahead of the S&P-500 by 900 basis points since our Q1 recommendation, and up 16% since the end of June. HANS reported well-received earnings for Q2 last week and is up 9% on that news since late last week...We still see value here and keep a $50 price target for 2011. That being said, we can no longer leave our highest rating attached to this name with the shares (today) hitting a price last seen in 2007...There have been rumors from time-to-time that HANS could get taken-over but we would not remain in the name based on this speculation alone with the shares now trading at > 20X earnings (trailing twelve months)."
To see all the upgrades/downgrades on shares of HANS, visit our Analyst Ratings page.
Hansen Natural Corporation (Hansen) is a holding company. The Company, through its subsidiaries develops, markets, sells and distributes alternative beverage category natural sodas, fruit juices, juice blends, juice drinks, energy drinks and energy sports drinks, fruit juice smoothies and functional drinks.
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Standpoint analyst says, "HANS is ahead of the S&P-500 by 900 basis points since our Q1 recommendation, and up 16% since the end of June. HANS reported well-received earnings for Q2 last week and is up 9% on that news since late last week...We still see value here and keep a $50 price target for 2011. That being said, we can no longer leave our highest rating attached to this name with the shares (today) hitting a price last seen in 2007...There have been rumors from time-to-time that HANS could get taken-over but we would not remain in the name based on this speculation alone with the shares now trading at > 20X earnings (trailing twelve months)."
To see all the upgrades/downgrades on shares of HANS, visit our Analyst Ratings page.
Hansen Natural Corporation (Hansen) is a holding company. The Company, through its subsidiaries develops, markets, sells and distributes alternative beverage category natural sodas, fruit juices, juice blends, juice drinks, energy drinks and energy sports drinks, fruit juice smoothies and functional drinks.
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