Coffee meets 7UP in Keurig, Dr Pepper Snapple deal
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Morgan Stanley Downgrades Dr Pepper Snapple (DPS) to Equalweight
January 30, 2018 7:44 AM ESTMorgan Stanley downgraded Dr Pepper Snapple (NYSE: DPS) from Overweight to Equalweight with a price target of $121.00 (from $105.00).
For an analyst ratings summary and ratings history on Dr Pepper Snapple click here. For more ratings news on Dr Pepper Snapple click here.
Shares of Dr Pepper Snapple closed at $117.07 yesterday.
... MoreWells Fargo Downgrades Dr Pepper Snapple (DPS) to Market Perform; Deal Positive But Struggles with Strategic Rationale
January 30, 2018 7:22 AM ESTWells Fargo downgraded Dr Pepper Snapple (NYSE: DPS) from Outperform to Market Perform with a price target of $124.00 (from $112.00) after the company and Keurig Green Mountain entered into an agreement that creates a new beverage company with ~$11B in combined revs Keurig Dr Pepper.
Analyst Bonnie Herzog believes the deal values DPS shares at $124/share (incl. a $103.75/shr special cash... More
Mondelez (MDLZ) Does Not Intend to Invest New Capital in KDP in Connection with Transaction (DPS)
January 29, 2018 7:55 AM ESTMondelez (NASDAQ: MDLZ) disclosed in an SEC filing:
On January 29, 2018, Keurig Green Mountain, Inc. (Keurig) and Dr Pepper Snapple Group, Inc. announced that the companies had entered into a definitive merger agreement to create a combined New York Stock Exchange-listed public company (the transaction). Upon closing of the transaction, the... More
