Hansen Gains on Upgrade

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Shares in beverage maker Hansen Natural Corp. jumped nearly 8 percent early Tuesday after shares in the company were added to Goldman Sachs & Co.’s buy list.


Analyst Judy Hong upgraded the shares to “buy,” saying overall demand for energy drinks will position the Corona-based company’s Monster Energy drink as one of the market leaders and will allow it to capture more market share.


Shares in Hansen were up 7.7 percent, or $2.70, to $38 in early trading Tuesday on the Nasdaq.

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