Coca-Cola and PepsiCo land bull ratings at Piper Sandler

Piper Sandler dipped into the beverage sector on Tuesday by issuing new Overweight ratings on Coca-Cola (NYSE:KO) and PepsiCo (NASDAQ:PEP), and slotting Keurig Dr Pepper (NASDAQ:KDP) at Neutral.

On Coca-Cola (NYSE:KO), analyst Michael Lavery and his team highlighted that