NEW YORK (TheStreet) -- Shares of SodaStream International Ltd
(SODA - Get Report) are up 0.73% to $33 in pre-market trade as the company was upgraded to "equal weight" from "underweight" by analysts at Barclays
(BCS) following its higher than expected second quarter earnings.
The firm kept its price target at $35, and cited the company's focus on execution.
The carbonated beverage company posted second quarter earnings of 43 cents per share, exceeding the 31 cents per share estimate from analysts, on revenue of $141.2 million, topping the $140.6 million Wall Street expected.
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