Incoming Coca-Cola CEO Expected to Get Frisky With M&A

04/20/2017
Source: Seeking Alpha
by: Clark Schultz

Credit Suisse lifts Coca-Cola (KO -0.1%) to an Outperform rating after having the Dow stock set at Neutral.

The investment firm thinks incoming CEO James Quincey will push a growth agenda that will unlock new revenue streams from regional brands.

Also keep an eye on M&A activity with Coca-Cola. Potential targets include the Monster Beverage (NASDAQ:MNST), LaCroix (NASDAQ:FIZZ), Yoplait (NYSE:GIS) and Arizona (private) brands. The company already has an 18% stake in Monster.

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