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April 3, 2014
07:35 EDTKOCoca-Cola best positioned to cope with natural competition, says Wells Fargo
After speaking with the CEO of a soda maker that uses only natural sweeteners, Wells Fargo believes that Coca-Cola (KO) is least vulnerable to challenges from such products. The firm has this view because it believes that Coca-Cola has strong core Tier 1 brands, while it generates over 80% of its sales from its Top 5 brands. The CEO of the naturally sweetened soda maker said that his company is taking shelf space primarily from Tier 2 brands, the firm stated. Wells keeps an Outperform rating on Coca-Cola.
News For KO From The Last 14 Days
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September 3, 2015
09:20 EDTKOCoca-Cola amends bylaws to implement proxy access bylaw
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August 25, 2015
07:08 EDTKOCoca-Cola says to meet 2020 water replenishment goal by end of 2015
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August 23, 2015
13:36 EDTKOCoca-Cola shares could return 30% over next few years, Barron's says
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