How Will SodaStream (SODA) Stock React To This Analyst Action Today?

NEW YORK (TheStreet) -- Shares of SodaStream International Ltd  (SODA) 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. 

SODA ChartSODA data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

More from Markets

China to Slash Automobile Tariffs and 4 Other Stories You Must Know Tuesday

China to Slash Automobile Tariffs and 4 Other Stories You Must Know Tuesday

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

Oil Prices, China Tariffs, Micron and Kohl's - 5 Things You Must Know

China Slashes Auto Import Tariffs as Trump's Trade Push Gets Big Early Win

China Slashes Auto Import Tariffs as Trump's Trade Push Gets Big Early Win

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Micron Spikes After $10 Billion Buyback Plan Caps Bullish Q3 Earnings Forecast

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment

Global Stocks Push Higher as China Tariff Move, Softer US Dollar Boost Sentiment