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NBEV

New Age Beverages

$2.08

-0.04 (-1.89%)

17:42
04/09/18
04/09
17:42
04/09/18
17:42

New Age Beverages files to sell common stock, no amount given

Euro Pacific Capital and Maxim Group are joint book running managers of the offering.

NBEV New Age Beverages
$2.08

-0.04 (-1.89%)

06/14/17
AGIS
06/14/17
INITIATION
Target $10
AGIS
Buy
New Age Beverages assumed with a Buy at Aegis
Aegis analyst Jeffrey Kauffman assumed coverage of New Age Beverages with a Buy rating and $10 price target, calling the stock an attractive play on the shift in consumer habits toward healthier beverages.
05/04/17
05/04/17
INITIATION

On The Fly: Top analyst initiations
Catch up on today's top analyst initiations with this list compiled by The Fly: New Age Beverages (NBEV) was initiated with a Buy at Maxim, while National Beverage (FIZZ) was initiated with a Sell. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
05/04/17
MAXM
05/04/17
INITIATION
Target $6
MAXM
Buy
New Age Beverages initiated with a Buy at Maxim
Maxim analyst Anthony Vendetti initiated New Age Beverages with a Buy rating and a $6 price target, saying he expects the company to use its platform to significantly improve margins and ultimately drive sustained profitability
05/01/17
AGIS
05/01/17
INITIATION
Target $6.25
AGIS
Buy
New Age Beverages initiated with a Buy at Aegis
Aegis analyst David Bain initiated New Age Beverages with a Buy and a $6.25 price target saying it is under-followed and underappreciated with both near-term and long-term catalysts. Bain believes New Age's sales distribution network and management expertise can drive growth well beyond the modeled rate and notes its direct store delivery network is larger than competitor beverage companies several multiples in size, providing captive control of shelf space to tor its own product portfolio.

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