Jefferies Starts Dr Pepper Snapple (DPS) at Hold
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Price: $123.66 --0%
Rating Summary:
6 Buy, 15 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
6 Buy, 15 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on Dr Pepper Snapple (NYSE: DPS) with a Hold rating and $45 price target.
The firm states, "We expect DPS’s volume growth momentum to slow in 2011 following a wave of distribution wins, successful brand extensions, key brand repositionings, and increased advertising spending in 2009 and 2010."
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 $41.20 yesterday.
The firm states, "We expect DPS’s volume growth momentum to slow in 2011 following a wave of distribution wins, successful brand extensions, key brand repositionings, and increased advertising spending in 2009 and 2010."
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 $41.20 yesterday.
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