WhiteWave (WWAV), Coca-Cola (KO) Should Form Collaboration, Says Wells Fargo

Wells Fargo maintained an Outperform rating on The WhiteWave Foods Company (NYSE: WWAV) and raised its price target to $45-$47 (from $40-$42). Analysts John Baumgartner believes valuation doesn't reflect international growth potential. He also said a potential collaboration with Coca-Cola (NYSE: KO) could unlock value for both companies. The collaboration would take the form of a potential distributor relationship with WhiteWave, and include a possible equity stake by Coca-Cola.

For an analyst ratings summary and ratings history on The WhiteWave Foods Company click here. For more ratings news on The WhiteWave Foods Company click here.

Shares of The WhiteWave Foods Company closed at $34.94 yesterday.

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