The Bulls Come Out on SodaStream (SODA) into ICR Conference
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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
Citi Starts SodaStream International (SODA) at Buy
January 11, 2013 6:43 AM ESTCiti initiates coverage on SodaStream International (NASDAQ: SODA) with a Buy. PT $60.00.
For an analyst ratings summary and ratings history on SodaStream International click here. For more ratings news on SodaStream International click here.
Shares of SodaStream International closed at $47.00 yesterday, with a 52 week range of $28.28-$49.98.... More
