The Coca-Cola Company and BODYARMOR Announce New Strategic Relationship

Go back to The Coca-Cola Company and BODYARMOR Announce New Strategic Relationship

Coke's (KO) BODYARMOR Deal Negative for Keurig Dr Pepper (KDP), Wait-and-See for Monster (MNST) - Deutsche Bank

August 14, 2018 10:21 AM EDT

Deutsche Bank analyst Steve Powers weighed in on Coca-Cola (NYSE: KO) following news the company acquired a minority ownership stake in BODYARMOR.

Powers sees the news as a positive or Coca-Cola, negative for Keurig Dr Pepper Inc. (NYSE:... More