Westwood Asset Management Starts Coverage on Hansen Natural (HANS) With a $56 Price Target
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
- Trading Radar for 11/05: Starbucks (SBUX), CBS Corp. (CBS), CVS (CVS), Toyota (TM), Thomson Reuters (TRI)
- Hansen Natural (HANS) volatility flat into EPS
More News related to New Coverage
- Janney Montgomery Scott Initiates Coverage on Papa John's International (PZZA) with a Neutral
- Feltl & Co. Initiates Coverage on ActivIdentity (ACTI) with a Buy
- Oscar Gruss Initiates Coverage Airgas (ARG) with a Buy
- Sidoti & Co Initiates Coverage on Solutia (SOA) with a Buy
- RBC Capital Initiates Coverage on Questar (STR) with a Sector Perform
Westwood Asset Management initiates coverage on Hansen Natural Corporation (Nasdaq: HANS) with a $56 price target.
The firm noted that Hansen earned closer to $0.34 in Q1 if you add back the aggressive Q4 purchasing by distributors in front of the 2008 price increase and the additional ad spend, is likely using its $200 million share buyback plan which should increase '09 EPS, channel checks demonstrate that the U.K. Monster Energy launch is outperforming expectations.
Shares of Hansen are up 4.6% this A.M. to $24.31.
Related Categories
New CoverageStocks Mentioned
+0.39Sign 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!
