Dr Pepper Snapple (NYSE:DPS) was upgraded from Neutral to Buy at Davenport today. The stock closed yesterday at $39.70 on volume of 2.4 million shares, above average daily volume of 2.0 million.Dr Pepper Snapple Group, Inc. is an integrated brand owner, bottler and distributor of non-alcoholic beverages in the United States, Canada and Mexico. The Company offers flavored carbonated and non-carbonated soft drinks, teas, juices, juice drinks and mixers.In the past 52 weeks, shares of Dr Pepper Snapple have traded between a low of $34.37 and a high of $43.13 and closed yesterday at $39.71, which is 16% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.3%.There is potential upside of 5.2% for shares of Dr Pepper Snapple based on a current price of $39.71 and an average consensus analyst price target of $41.78. Dr Pepper Snapple shares have support at the 50-day moving average (MA) of $39.12 and additional support at the 200-day MA of $38.23.SmarTrend is tracking the current trend status for Dr Pepper Snapple and will alert subscribers who have DPS in their portfolio or watchlist when shares have changed trend direction.
