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Credit Suisse dives into the beverage sector

  • Credit Suisse names its favorite stocks in the beverage sector and cautions on others with a wave of initiations.
  • The investment firm starts off coverage on Monster Beverage (MNST -0.4%), Dr. Pepper Snapple (DPS-OLD), and PepsiCo (PEP -0.4%) with Outperform ratings.
  • Neutral ratings filter down on Coca-Cola (KO -0.6%) and Constellation Brands (STZ -1.4%).
  • CS hangs an Underperform rating on Boston Beer (SAM -1.2%).
  • Forward PE ratios on the group: Monster 30.8, Dr. Pepper 20.6, PepsiCo 20.5, Coca-Cola 21.1, Constellations Brands 23.4, Boston Beer 23.2.

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MNST--
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