UPDATE: Barclays Downgrades SodaStream to Equalweight, Expecting Challenges Ahead
March 03, 2014 at 15:12 PM EST
SodaStream (NASDAQ: SODA ) was downgraded from Overweight to Equalweight by Barclays Monday. Analyst David Kaplan lowered his price target from $55 to $40. The Barclays note follows fourth-quarter results and guidance from SodaStream on February 26th. Kaplan noted the company's guidance for 3 percent bottom-line growth in