SodaStream going private 'highly improbable to impossible,' says Stifel Stifel believes the chances of SodaStream going private as speculated in Bloomberg's report are "highly improbable to impossible." The firm notes that insiders own less than 15% of SodaStream shares, which suggests outside capital would be needed to fund the acquisition. The firm adds that the company has a poor track record for generating cash flow. Stifel keeps a Sell rating on SodaStream.
Sodastream volatility at low end of range as shares near historic lows Sodastream overall option implied volatility of 50 compares to its 26-week average of 54 according to Track Data, suggesting decreasing price movement.
On the Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: AMC Networks (AMCX) upgraded to Buy from Neutral at Nomura... Alcatel-Lucent (ALU) upgraded to Conviction Buy from Neutral at Goldman... Chuy's (CHUY) upgraded at Wells Fargo... Coty (COTY) upgraded to Buy from Neutral at Citigroup... Era Group (ERA) upgraded to Buy from Hold at Evercore ISI... Exterran (EXH) upgraded to Buy from Hold at Evercore ISI... F5 Networks (FFIV) upgraded to Buy from Neutral at Buckingham... Joy Global (JOY) upgraded to Outperform from Market Perform at BMO Capital... Lennox (LII) upgraded to Buy from Neutral at UBS... RSA Insurance (RSNAY) upgraded to Outperform from Neutral at Credit Suisse... Rockwell Automation (ROK) upgraded to Buy from Neutral at UBS... SodaStream (SODA) upgraded to Hold from Sell at Stifel... eBay (EBAY) upgraded to Equal Weight from Underweight at Morgan Stanley.