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Coke, Pepsi Upgraded

Goldman puts them at buy.
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Coke (KO) - Get Coca-Cola Company Report and Pepsi (PEP) - Get PepsiCo, Inc. Report were upgraded Friday at Goldman Sachs.

The firm upgraded both stocks to buy from neutral. The move comes two days after Coke beat fourth-quarter earnings targets.

Goldman cited Coke's solid earnings and expectations of strong Gatorade sales at Pepsi for the upgrades.

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