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Barclays Finds Coca-Cola's Stock Refreshing As Consumer Staples Industry Suffers
Thursday, May 17, 2018 - 12:58pm | 348Amid upheaval in the consumer staples industry, The Coca-Cola Co (NYSE: KO) is expected to emerge a leader. The Rating Barclays analyst Lauren Lieberman upgraded the stock to Overweight and increased her price target from $45 to $48. The Thesis Barclays attributes the company’s year-to-...
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Barclays: Combined Dr Pepper Snapple, Keurig Are Undervalued
Tuesday, February 6, 2018 - 2:11pm | 379Dr Pepper Snapple Group Inc. (NYSE: DPS) and privately owned Keurig Green Mountain Inc announced an $18.7-billion deal Jan. 29 to merge the two brands, with Dr Pepper Snapple shareholders receiving $103.75 per share in a special cash dividend and retaining 13 percent of the combined company. The...
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Barclays Loses Confidence In Newell Brands
Thursday, January 25, 2018 - 5:16pm | 263Newell Brands Inc (NYSE: NWL) pre-announced its fourth-quarter results Thursday and announced the departures of key board members and a change in strategy. The Analyst Barclays' Lauren Lieberman downgraded Newell Brands from Overweight to Equal Weight and decreased the price target...
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Barclays' Favorite In Big Beverage Group May Surprise You
Monday, January 9, 2017 - 10:51am | 641Coca-Cola European Partners plc Ordinary Shares (NYSE: CCE) has emerged as Barclays' favorite in the big beverage group. In a note published Monday, the firm initiated coverage of the company with an Overweight rating, while The Coca-Cola Co (NYSE: KO), PepsiCo, Inc. (NYSE: PEP) and Dr Pepper...
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Coty's Deal For Good Hair Day 'Bigger Than Expected'
Monday, October 17, 2016 - 9:08am | 284An article by Sky News suggested that Coty Inc (NYSE: COTY) is in talks to acquire Good Hair Day [GHD], a UK-based manufacturer of high-end hair care products, for substantially more than £400 million. The potential acquisition would offset about half of the dilution from Coty’s...
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Kimberley-Clark (KMB) Fundamentals Worsen
Wednesday, December 9, 2009 - 2:06pm | 172Kimberley-Clark’s (NYSE: KMB) decision to limit investment spending has not found takers at Barclays Capital (NYSE: BCS) as it could hinder growth. This would also limit and worsen the quality of Kimberley-Clark’s top and bottom line compared to its peer group. In the past, Kimberley-Clark’s slow-...