Aegis Capital sees breakout for New Age Beverages

|About: New Age Beverages Corpora... (NBEV)|By:, SA News Editor

New Age Beverages Corporation (OTCPK:NBEV +5.4%) rallies after Aegis Capital initiates coverage with a Buy rating.

The firm's price target of $6.25 implies significant upside potential and is above the 52-week high of $5.84.

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