Analyst Steve Powers upgraded Coca-Cola , PepsiCo and Keurig Dr Pepper to buy from neutral. He also hiked his price targets on the stocks: Coca-Cola: $70 from $68, implying upside of 11.7% PepsiCo: $184 from $179, signaling a gain of 17.4% Keurig Dr Pepper: $39 from $37, calling for upside of 17.
2%, respectively, year to date. Dow Jones Industrial Average component Coca-Cola is up just 6.3% for the year, lagging the 30-stock benchmark's 17.1% advance in that time. KO PEP,KDP YTD mountain KO, PEP and KDP year to date To be sure, Powers noted that the buy cases for each stock can vary slightly — all three companies share a "common foundation.
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