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What: Shares of SodaStream
So what: The device dubbed "Revolution" is the company's first electrically powered soda maker and adds a handful of new features for soda do-it-yourselfers. It includes choices for different carbonation levels, easier bottle insertion and removal, and an LED display to keep an eye on carbonation progress and CO2 usage.
Now what: Following up the announcement, Oppenheimer is out with some bullish comments, noting that the new machine is evidence of SodaStream's continued innovation and belief that concerns over slower shipments in the fourth quarter are overblown. Oppenheimer reiterated its "outperform" rating and price target of $55. Don't miss our very own Foolish take on SodaStream's announcement, brought to you by fellow Fool Rick Munarriz.
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Fool contributor Evan Niu holds no position in any company mentioned. Click here to see his holdings and a short bio. Motley Fool newsletter services have recommended buying shares of SodaStream International. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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