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Shares of Dr Pepper Snapple were falling over 2% when the firm announced that the CEO of its subsidiary Bai Brands is leaving the company.
Wednesday's downgrades of Coca-Cola and PepsiCo are in focus.
The firm raised its price target on the stock to $104 from $103.
Here are Tuesday's top research calls, including an upgrade of AIG, downgrade of Valero and new coverage for Kroger, Whole Foods Markets and Sysco.