Deutsche Bank Starts Dr Pepper Snapple (DPS) at Hold

October 28, 2011 7:29 AM EDT
Get Alerts DPS Hot Sheet
Price: $123.66 --0%

Rating Summary:
    6 Buy, 15 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 3
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Deutsche Bank initiates coverage on Dr Pepper Snapple (NYSE: DPS) with a Hold and $40 price target, suggesting 9% upside.

The firm comments, "Dr Pepper has emerged as the UScentric, disciplined steward of capital despite secular growth challenges, and while we are less bullish on this one it remains a decent income/buyback name."

For more ratings news on Dr Pepper Snapple click here and for the rating history of Dr Pepper Snapple click here.

Shares of Dr Pepper Snapple closed at $37.30 yesterday.


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