David Stahl
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David Stahl in Stocks for Real Men,

Coca-Cola Stock Pops On BofA Reccomendation

The Coca-Cola Co KO shares hit a 52-week high of $47.13 after Bank of America Merrill Lynch recommended KO ahead of other beverage stocks "on improving profitability due to better price/mix from no longer chasing volume in addition to restructuring savings."

The brokerage also sent a "callout-watchout-reminder" against the following companies: Mondelez International Inc MDLZ, WhiteWave Foods Co WWAV and TreeHouse Foods Inc. THS heading in to the first-quarter earnings.

  • Coca-Cola: Buy, PT Raised $4 To $52, Reports 1Q16 EPS April 20
  • Coca-Cola Enterprises Inc CCE: Buy, PT Increased $2 To $58, Reports 1Q16 EPS April 28
  • PepsiCo, Inc. PEP: Buy, PT Hiked To $112 From $105, Reports Q1 Results April 18
  • Mondelez: Buy, PT Raised $3 To $48, Reports 1Q16 EPS April 27
  • Dr Pepper Snapple Group Inc. DPS: Underperform, Reports Q1 Numbers April 27
  • Treehouse Foods: Buy, Reports Q1 Results May 5
  • Monster Beverage Corporation MNST: Neutral, No Reporting Date Yet
  • WhiteWave: Buy, No Reporting Date Yet