Even though they appear to be moving ahead on all cylinders, Hansen Natural (NASDAQ:HANS) still seems to be able to dig deeper and accelerate even more, with growth expected to overcome probable margin pressures in 2011.
Needham said, "We maintain our rating as valuation is appropriate and trends can’t get better, in our view. Still, the impressive category re-acceleration during 2010 continues and innovation supports revenue growth...International market share gains have surpassed our expectations to date. We anticipate some margin pressure, but strong revenue growth should offset pressure."
Needham & Company maintains a "Hold" rating on Hansen Natural, which closed Tuesday at $53.84, up $1.08, or 2.05 percent. Needham has a price target on them of $54.
Wednesday, December 22, 2010
Hansen Natural's (NASDAQ:HANS) Revenue Growth Should Overcome Margin Pressure
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Hansen Natural,
Needham and Company
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