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Barclays Upgrades Beverage Stock Ahead of Coffee Business Spinoff

Barclays has upgraded shares of a beverage company to overweight, anticipating a rise in stock value ahead of its planned coffee business spinoff.

25 Jun, 10:44 — 25 Jun, 10:44
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cnbcMostly Factual4d ago

This beverage stock is likely to rise ahead of coffee business spinoff, Barclays says

The investment bank upgraded shares to overweight from equal weight.

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