beverages

Beverage giant Coca-Cola Co (NYSE: KO) is trading at an "outsized valuation discount" versus its peers, and investors should take advantage of the compelling valuation gap, according to Morgan Stanley. The Coca-Cola Analyst: Dara Mohsenian upgraded Coca-Cola from Equal-weight to...

Beverage giant Coca-Cola Co (NYSE: KO) reported Tuesday morning with second quarter results that were notable for a 16% decrease in global unit case volume and a 33% decline in earnings. Earnings came in better than expected, at 42 cents per share versus a Street estimate of 40 cents...

Keurig Dr Pepper Inc (NYSE: KDP) seems poised to beat second-quarter expectations and raise its full-year guidance, according to Goldman Sachs. The Keurig Dr Pepper Analyst: Bonnie Herzog upgraded Keurig Dr Pepper from Neutral to Buy and raised the price target from $27 to $33. The Keurig Dr Pepper...

The hard seltzer category will continue to grow, but one of the winners in the space today, Boston Beer Company Inc (NYSE: SAM), will remain a leader, according to RBC Capital Markets. The Boston Beer Analyst: Nik Modi maintained an Outperform rating on Boston Beer Company's stock with a...

Beverage and snack giant PepsiCo, Inc. (NASDAQ: PEP) announced Tuesday the launch of two direct-to-consumer portals, PantryShop.com and Snacks.com. DTC Site Offers Brands Like Gatorade, Tropicana  PepsiCo has spent the past few years working to become a "faster, stronger, better company...

Certain beverage brands and pack sizes from Constellation Brands, Inc. (NYSE: STZ) are already facing availability issues, and the company's number of products out of stock could increase through June, regardless of Mexico’s decision to permit production, according to MKM...

Global beverage and snacking giant PepsiCo, Inc. (NASDAQ: PEP) reported first-quarter results Tuesday that were highlighted by strong organic sales growth, but the company cautioned there's a "great deal of uncertainty" ahead. Here's how two bull analysts reacted to the print....

Coca-Cola Co (NYSE: KO) saw its global volumes fall 25% since the start of April which marks a complete reversal from prior trends, CNBC's Sara Eisen reported Tuesday. Coca-Cola reported first-quarter earnings of 51 cents per share, which beat consensus estimate by 7 cents. Revenue of $8.6...

Morgan Stanley's bullish case for Coca-Cola Co (NYSE: KO) and Monster Beverage Corp (NASDAQ: MNST) can no longer be justified amid the coronavirus outbreak. The Analyst Dara Mohsenian downgraded Coca-Cola's stock from Overweight to Equal-Weight with a price target lowered from $65 to $...

The sky isn’t the only place with stars. If you live in California you might run into one, and if you like Corona, you might have drank one. The parent company of Corona, Modelo Especial and others is Constellation Brands, Inc. (NYSE: STZ), and its stock ticker is short for “stars...

PepsiCo, Inc. (NASDAQ: PEP) announced Wednesday it reached an agreement to acquire energy drink maker Rockstar Energy Beverages for $3.85 billion. What Happened PepsiCo's relationship with Rockstar dates back to 2009 when it started distributing energy drinks in North America. Under PepsiCo...

The bearish case for Keurig Dr Pepper Inc (NYSE: KDP) has come to an end after the stock's underperformance over the past year, according to Morgan Stanley. The Keurig Dr Pepper Analyst Dara Mohsenian upgraded Keurig Dr Pepper from Underweight to Equal-Weight with a price target lifted from $28...

Lululemon Athletica Inc (NASDAQ: LULU) said Friday that its 38 Chinese stores have been closed since Feb. 3 due to the COVID-19 virus outbreak in the country.  Some of the athleisure retailer's stores in the country are now operating on a reduced schedule, according to the company's...

The bullish case for Monster Beverage Corp (NASDAQ: MNST) can now be made after prior overhanging concerns have played out and it is now time for an "energy boost," according to Morgan Stanley. The Analyst Dara Mohsenian upgraded Monster Beverage from Equal-Weight to Overweight with a...