Celsius Gets Outperform Rating as Bernstein Starts Coverage on Five Beverage Stocks
Bernstein also rated Monster, Coca-Cola, PepsiCo, and Keurig Dr Pepper.
Bernstein also rated Monster, Coca-Cola, PepsiCo, and Keurig Dr Pepper.
Treasury Secretary Scott Bessent says the Trump administration will take steps soon to lower prices on coffee, bananas, and other imported foods amid rising grocery costs.
Keurig Dr Pepper beats Q3 expectations with 11% sales growth to $4.31B, raises full-year outlook to high-single-digits as tariffs drive coffee prices higher.
Activist investor Starboard Value takes position in Keurig Dr Pepper after its €15.7B JDE Peet's acquisition announcement triggered 25% stock decline and investor concerns.