Dr Pepper Snapple gaps down, spikes lower, on results, guidance cut The stock is down over 6.6% at time of writing, last at $42.30. The company missed consensus earnings by 3 cents and cut fiscal year 2013 guidance to a range of $3.04 to $3.12 versus expectations of $3.20. At the current price, next support is at the session low at $42.11, and then at $41.57. Resistance is at $42.73.
On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: Alere (ALR) upgraded to Neutral from Sell at Goldman... Canadian National (CNI) upgraded to Outperform from Market Perform at Cowen... Charles Schwab (SCHW) upgraded to Overweight from Underweight at Barclays... Con-way (CNW) upgraded at Stifel... Dr Pepper Snapple (DPS) upgraded to Buy from Hold at Stifel... Francesca's (FRAN) upgraded to Neutral from Sell at Goldman... GoPro (GPRO) upgraded to Outperform from Neutral at RW Baird... PartnerRe (PRE) upgraded to Outperform from Market Perform at BMO Capital... Rice Energy (RICE) upgraded to Overweight from Equalweight at Capital One... Saia, Inc. (SAIA) upgraded at Stifel... Sibanye Gold (SBGL) upgraded to Outperformer from Sector Performer at CIBC.