Coca-Cola and PepsiCo shares upgraded at Deutsche Bank

Investing.com12-12

Investing.com -- Deutsche Bank (ETR:DBKGn) is turning more bullish on the non-alcoholic beverage sector, upgrading Coca-Cola Company (NYSE:KO) and PepsiCo (NASDAQ:PEP) stocks to Buy. Both stocks rose ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2490806064?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-12 18:51","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2490806064","market":"us","top_or_hot":-1,"title":"Coca-Cola and PepsiCo shares upgraded at Deutsche Bank","media":"Investing.com","content":"<div>\n<p>Investing.com -- Deutsche Bank (ETR:DBKGn) is turning more bullish on the non-alcoholic beverage sector, upgrading Coca-Cola Company (NYSE:KO) and PepsiCo (NASDAQ:PEP) stocks to Buy.\nBoth stocks rose ...</p>\n\n<a href=\"https://finance.yahoo.com/news/coca-cola-pepsico-shares-upgraded-105129094.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coca-Cola and PepsiCo shares upgraded at Deutsche Bank</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoca-Cola and PepsiCo shares upgraded at Deutsche Bank\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-12 18:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/coca-cola-pepsico-shares-upgraded-105129094.html><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investing.com -- Deutsche Bank (ETR:DBKGn) is turning more bullish on the non-alcoholic beverage sector, upgrading Coca-Cola Company (NYSE:KO) and PepsiCo (NASDAQ:PEP) stocks to Buy.\nBoth stocks rose ...</p>\n\n<a href=\"https://finance.yahoo.com/news/coca-cola-pepsico-shares-upgraded-105129094.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PEP","symbol_name":"百事可乐","start_time":0,"source_url":"https://finance.yahoo.com/news/coca-cola-pepsico-shares-upgraded-105129094.html","article_id":"2490806064","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490806064","pubTimestamp":1734000689,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Investing.com -- Deutsche Bank  is turning more bullish on the non-alcoholic beverage sector, upgrading Coca-Cola Company  and PepsiCo  stocks to Buy.Both stocks rose nearly 1% in premarket trading Thursday.Deutsche analysts note that Coca-Cola has displayed consistent positive volume growth over the last three years, including the forecast for the fiscal 2024 year , even with significant pricing.Market shares are trending favorably, and the company has maintained control over key internal factors such as brand reputation, innovation, and productivity. Despite macroeconomic challenges like foreign exchange headwinds and consumer health in a volatile global economy, KO's focus on affordability and premiumization opportunities is expected to be advantageous.“KO has demonstrated an ability to manage effectively through hyperinflation and FX headwinds in the recent past—steadily delivering consistent dollar-based EPS growth,” analysts said.While some of KO's ventures outside of core carbon","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate","earning"],"viewcount":null,"language":"en","relate_stocks":{"PEP":"百事可乐","DB":"德意志银行","KO":"可口可乐"},"translate_title":"德意志银行上调可口可乐和百事可乐股票评级","themeId":"d967a9c5c32b32f62c11ea787ecb2244","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DB":1,"KO":1,"PEP":1},"content_text":"Investing.com -- Deutsche Bank (ETR:DBKGn) is turning more bullish on the non-alcoholic beverage sector, upgrading Coca-Cola Company (NYSE:KO) and PepsiCo (NASDAQ:PEP) stocks to Buy.\nBoth stocks rose nearly 1% in premarket trading Thursday.\nDeutsche analysts note that Coca-Cola has displayed consistent positive volume growth over the last three years, including the forecast for the fiscal 2024 year (FY24), even with significant pricing.\nMarket shares are trending favorably, and the company has maintained control over key internal factors such as brand reputation, innovation, and productivity. Despite macroeconomic challenges like foreign exchange headwinds and consumer health in a volatile global economy, KO's focus on affordability and premiumization opportunities is expected to be advantageous.\n“KO has demonstrated an ability to manage effectively through hyperinflation and FX headwinds in the recent past—steadily delivering consistent dollar-based EPS growth,” analysts said.\nWhile some of KO's ventures outside of core carbonated soft drinks have not met expectations, its primary sparkling franchise and innovations like the fairlife platform are showing positive momentum.\nPotential distractions from tax litigation are seen as already reflected in KO's valuation. Deutsche Bank anticipates a notable improvement in the company’s free cash flow conversion beginning in the second half of 2025.\nThe firm has set a price target for the stock at $70.\nPepsiCo has faced its own set of challenges, including a lack of momentum in North America, volume softness in the FLNA segment, and market share issues in PBNA. International business growth has also slowed.\nNevertheless, Deutsche Bank believes these risks are now fully recognized in the current valuation, which is under 20x FY24 EPS with no growth expected.\nLooking forward, Deutsche Bank expects PepsiCo's productivity and cost flexibility, along with its international business momentum, to provide a buffer for earnings despite increasing foreign exchange headwinds.\nThe bank also anticipates that targeted pricing and commercial investments will lead to improved consumer confidence and spending in 2025.\nAnalysts set a $184 price target for PepsiCo shares.\nThey have also upgraded Keurig Dr. Pepper stock to Buy.\nRelated Articles\nCoca-Cola and PepsiCo shares upgraded at Deutsche Bank\nNemetschek shares fall as JPMorgan turns bearish\nSouth Korea to safeguard competition after Korean Air, Asiana merger","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490806064"}