Shares of National Beverage Corp. (NASDAQ:FIZZ) are on watch after Credit Suisse upgrades the stock to Outperform.
The investment firm's price target of $60 on FIZZ implies +24% upside.
The beverage sector has been under an increased M&A watch since Dr Pepper Snapple bought out Bai Brands last month.
National Beverage is barely covered on Wall Street, but several SA contributors have detailed breakdowns.
Previously: Dr Pepper Snapple acquires Bai Brands (Nov. 22)
Previously: Dr Pepper tracks higher with Bai Brands on board (Nov. 28)
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