Citi Starts SodaStream International (SODA) at Buy
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The Bulls Come Out on SodaStream (SODA) into ICR Conference
January 11, 2013 10:29 AM ESTIn addition to getting a pop on a new "Buy" rating at Citi, Oppenheimer had some positive things to say about SodaStream (NASDAQ: SODA) on Friday.
Analyst Joseph... More
Citi Begins SodaStream (SODA) at Buy; New Partnerships, Mix Will Drive Rapid Growth
January 11, 2013 10:09 AM ESTSodaStream (Nasdaq: SODA) is bubbling early as Citigroup initiated coverage on company at Buy and price target of $60.
Citi analyst Wendy Nicholson noted that, despite SodaStream rising 37 percent through 2012 and being the best performer in the beverage segment, at $47 the stock is still well below all-time highs of nearly $80 hit in August 2011.
Key points SodaStream has going for it include:New distribution wins - SodaStream has expanded with names like Wal-mart (NYSE: WMT) and Costco (Nasdaq: COST) now... More
