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July 25, 2014
07:21 EDTDPSDr Pepper Snapple operating trends may not be sustainable, says Wells Fargo
After Dr. Pepper Snapple reported much higher than expected core Q2 EPS, Wells Fargo thinks the company's high profit growth may not be sustainable, given its soft revenue growth. The firm questions whether the company is spending enough on marketing and keeps an Underperform rating on the stock.
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