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Evercore ISI Downgrades Dr Pepper Snapple (DPS) to Hold

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Buy Dr Pepper Snapple (DPS) on Bai Sale Weakness - Stifel

October 4, 2016 11:38 AM EDT

Stifel analyst Mark Swartzberg notes weakness in Dr Pepper Snapple (NYSE: DPS) (-4.1%) is related to news reports that DPS "allied brand" Bai is pursuing a sale. DPS distributes Bai and other allied brands (e.g., FIJI, AriZona tea, Vita Coco) in exchange for minority... More