Goldman Sachs Increases EPS On Hansen Natural From $2.75 To $2.88 (HANS)

In a recent report, Goldman Sachs has increased the 2011 EPS on Hansen Natural (NASDAQ: HANS) from $2.75 to $2.88 and maintains a Neutral rating and a price target of $68.00 after HANS reported strong 1Q11 results.

In the report, Goldman Sachs said, "We maintain our Neutral rating on HANS shares as we are constructive on long-term sales growth outlook but we believe 1Q11 likely marked peak growth and higher costs could pressure gross margin more than consensus expects."

HANS closed yesterday at $61.94.