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Fevertree’s relentless rise still has further upside

Fevertree Drinks Plc (LON:FEVR) shares have seen a “pretty relentless” break to the upside, so says technical analyst Zak Mir, who reckons the tonics and mixer maker is still a very strong looking play.
 
“We could still have further upside, to perhaps as high as £12 [per share] over the next one to two months,” Mir said in a Tip TV segment for Proactive Investors.

Quick facts: Fevertree Drinks PLC

Price: 2153 GBX

AIM:FEVR
Market: AIM
Market Cap: £2.5 billion
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