HSBC Upgrades Coca-Cola Femsa SAB de to Buy, Raises Price Target to $108
Portfolio Pulse from richadhand@benzinga.com
HSBC analyst Carlos Laboy has upgraded Coca-Cola Femsa SAB de (NYSE:KOF) from Hold to Buy and raised the price target from $74 to $108.
June 07, 2023 | 8:51 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Coca-Cola Femsa SAB de (NYSE:KOF) has been upgraded from Hold to Buy by HSBC analyst Carlos Laboy, with a raised price target of $108.
The upgrade from Hold to Buy by HSBC analyst Carlos Laboy indicates a positive outlook for Coca-Cola Femsa's stock. The significant increase in the price target from $74 to $108 suggests that the analyst believes the stock has strong growth potential in the short term. This news is likely to have a positive impact on KOF's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100