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Fly News Breaks for February 18, 2016
DPS
Feb 18, 2016 | 08:21 EDT
Evercore ISI analyst Robert Ottenstein said the selloff in Dr Pepper Snapple shares is an overreaction to 2016 guidance. The analyst said 2016 guidance was likely in line with consensus earnings, excluding FX, and views it as conservative. Ottenstein reiterates his Buy rating and $100 price target on Dr Pepper shares.
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