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BofA Starts KO, PEP, BEAM, STZ at Buy, DPS, CCE at Neutral, TAP at Underperform

December 21, 2011 9:44 AM EST
KO Hot Sheet
Rating Summary:
    8 Buy, 4 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
A BofA analyst reinstated coverage on the Beverages sector Wednesday morning:
  • Coca-Cola (NYSE: KO) with a Buy rating
  • Pepsi (NYSE: PEP) with a Buy rating
  • BEAM (NYSE: BEAM) with a Buy rating
  • Constellation Brands (NYSE: STZ) with a Buy rating
  • Dr Pepper Snapple (NYSE: DPS) with a Neutral rating
  • Coca-Cola Enterprises (NYSE: CCE) with a Neutral rating
  • Molson Coors (NYSE: TAP) with an Underperform rating
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