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Fly News Breaks for August 28, 2019
WTER
Aug 28, 2019 | 07:07 EDT
H.C. Wainwright analyst Kevin Dede started Alkaline Water with a Buy rating and $3 price target. The bottled water beverage segment has steadily captured market share from soda, and the company's line extension should power its growth, Dede tells investors in a research note. The stock is "flying below investors' radar while Alkaline Water is on verge of launching new products and expanding distribution nationally," says the analyst.
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