Consumer Staples
Soft Drinks & Non-alcoholic Beverages
4 companies under coverage.
Coverage
Soft Drinks & Non-alcoholic Beverages
Equity Research
PepsiCo Inc (PEP)
The bull case — 'Bull — Defensive Re-Rate' (8% weight) — targets $212, +57% vs spot. It needs Gross Margin to surprise to the upside.
Equity Research
The Coca-Cola Company (KO)
The bull case — 'Bull — Defensive Re-Rate' (8% weight) — targets $125, +54% vs spot. It needs the multiple to hold or expand.
Equity Research
Monster Beverage Corp (MNST)
The bull case — 'Bull — Defensive Re-Rate' (8% weight) — targets $146, +52% vs spot. It needs the multiple to hold or expand.
Equity Research
Keurig Dr Pepper Inc (KDP)
The bull case — 'Bull — Defensive Re-Rate' (8% weight) — targets $48, +48% vs spot. It needs the multiple to hold or expand.