Chart of the Day - Dr Pepper Snapple Group (DPS)

The "Chart of the Day" is Dr Pepper Snapple Group (DPS), which showed up on Friday's Barchart "All-Time High" list. Dr Pepper Snapple on Friday posted a new all-time high of $43.88 and closed up +0.64%. TrendSpotter has been long since March 30 at $40.21. In recent news on the stock, Wells Fargo upgraded Dr Pepper Snapple and raised its target to $45-47 from $36-38 on expectations for earnings growth acceleration in 2013 due to lower commodity costs. Dr Pepper Snapple Group, with a market cap of $9 billion, is one of the largest beverage companies in the Americas. They manufacture, market and distribute more than 50 brands of carbonated soft drinks, juices, ready to drink teas, mixers and other premium beverages across the United States, Canada, Mexico and the Caribbean.