Gabelli Maintains Buy on Hansen Natural (HANS)

Gabelli is out with its report today on Hansen Natural HANS, maintaining Buy. In a note to clients, Gabelli writes, "We believe Hansen Natural is an attractive acquisition target considering the company's position as the second-largest global player in the energy drinks category (behind privately held Red Bull). HANS continues to gain share in the growing U.S. energy drinks market, and is now sold in 57 markets outside the U.S. with encouraging results." Shares of HANS closed Wednesday at $68.11.