The Coca-Cola Company (NYSE:KO) CEO Muhtar Kent saw his pay drop 16 percent last year as the world’s biggest beverage maker failed to meet its own long-term growth targets. Kent’s package was worth $18.2 million for 2013, according to a filing made with the Securities and Exchange Commission on Friday. That’s down from the $21.6 million he earned in the previous year. The Coca-Cola Company (NYSE:KO) stock opened at $38.56 in last trading session, and closed at $38.55, trading in the range of $38.36 – $38.61. The stock showed a positive weekly performance of 0.92%.
UBS initiated coverage on PepsiCo, Inc. (NYSE:PEP) with a Neutral rating and an $85 price target on Tuesday. Analyst Stephen Powers thinks a turnaround of the U.S. beverage business will “likely take a while, cost a lot, and may be difficult to achieve.” PepsiCo, Inc. (NYSE:PEP) shares closed at $81.56 on last trade day, by gaining 0.28%. Stock 52 week range is $76.00 – $87.06. Company’s market capitalization is $125.08 billion.
On 4-Mar-14 Dr Pepper Snapple Group Inc. (NYSE:DPS) initiated with Neutral rating at UBS. Dr Pepper Snapple Group Inc. (NYSE:DPS) stock advanced 0.56% and finished the last session at $52.29. The EPS of the stock remained 3.06. Company’s market capitalization is $10.32 billion.
Sodastream International (NASDAQ:SODA) was downgraded by investment analysts at Barclays from an “overweight” rating to an “equal weight” rating in a note issued to investors on Monday, AR Network reports. They currently have a $40.00 target price on the stock, down from their previous target price of $55.00. Barclays’ target price would suggest a potential upside of 0.81% from the stock’s previous close. Sodastream International Ltd (NASDAQ:SODA) stock opened at $41.18 in last trading session and closed at $40.54. The 52 week range of the stock is $35.27 – $77.80 and the day range was $40.24 – $41.90.
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