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Fly News Breaks for March 13, 2018
FIZZ
Mar 13, 2018 | 08:16 EDT
Susquehanna analyst Pablo Zuanic said the recent pullback in National Beverage is unwarranted and has set up a buying opportunity. The analyst disagrees with the post-earnings reaction following the company's Q3 report, as total company sales on a two year basis accelerated by 3%. He adds that the company's upcoming Power Brand volume comps for Q4 are easier. Zuanic reiterated his Positive rating, though he lowered his price target to $148 from $166 on National Beverage shares.
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