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Fly News Breaks for December 8, 2017
FIZZ
Dec 8, 2017 | 08:35 EDT
Credit Suisse analyst Laurent Grandet noted National Beverage reported Q2 results that beat headline consensus, but he said the consensus, which includes only three estimates, is "skewed artificially low." Its solid fundamentals are driven "almost entirely" by the success of LaCroix, whose growth trajectory is slowing, said Grandet, who keeps an Underperform rating on National Beverage shares.
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