Dougherty & Co Raises PT on SodaStream (SODA) to $80

May 21, 2013 12:57 PM EDT
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Price: $143.68 --0%

Rating Summary:
    3 Buy, 13 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Dougherty & Co today maintained a Buy rating on SodaStream International (NASDAQ: SODA) and raised its price target to $80.00 (from $60.00). Analyst Gregory J. McKinley said the company's recent analyst day demonstrated its
capabilities to grow into its market.

"At last week's SODA analyst day, the company addressed a number of topics including product innovation, branded partnerships, marketing strategy, manufacturing operations, regional profiles, and the financial outlook, which included a goal to achieve $1 billion in revenues by 2016," said McKinley.

For an analyst ratings summary and ratings history on SodaStream International (NASDAQ: SODA) click here. For more ratings news on SodaStream International click here.

Shares of SodaStream International closed at $65.01 yesterday.


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