BMO Capital made a series of upgrades and downgrades this Wednesday. The analyst entity moved positions on Cott Corporation Common Stock, Dr Pepper Snapple Group, Coca-Cola, and PepsiCo.
While Cott Corporation and Dr Pepper gained confidence, BMO lowered its expectations on the latter two soda giants.
BMO Capital moves ratings on Coca-Cola (KO), PepsiCo (PEP), Cott Corporation (COT), and Dr Pepper (DPS)
BMO Capital lowered The Coca-Cola Company from Outperform to Market Perform and gave the stock a $46 price target. PepsiCo also got the same treatment with new price target of $120.
NYSE:KO The Coca-Cola Company is a multinational beverage company headquartered in Atlanta, Georgia. The company primary produces food and drink beverages and has business units related to retailing, marketing and manufacturing. KO Stock began Wednesday in the red, pre-market, holding a $45 before market trading.
NYSE:PEP PepsiCo Inc is also a U.S. multinational corporation most renowned for Pepsi cola. The entity is headquartered in Purchase, New York. PEP holds interests and business units dedicated food and drink beverages, marketing and distribution. Mid-week trading sees PepsiCo moving in the red too. The stock opened at just over $2 off its BMO Capital price target this Wednesday.
Cott Corporation Common Stock was the subject of BMO’s favor on this Wednesday. The common stock entity was raised from Market Perform to Outperform. The BMO capital did the same to Dr Pepper too, slapping a meatier $105 value on the stock.
NYSE:DPS too. Dr Pepper Snapple Group is based in Plano, Texas. It begin wid-week trading in the red too, at $92.29.
NYSE:COT too. Cott Corporation Common Stock relays BMO Capital confidence in the green this Wednesday. The stock stood poised at $14 ahead of the trading day session. BMO is yet to alter Cott’s price target.