JP Morgan Maintains Overweight Rating for Coca-Cola Europacific: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
JP Morgan has maintained its Overweight rating for Coca-Cola Europacific (NASDAQ:CCEP) and increased its price target from $66.50 to $75.50. The shares of CCEP are currently trading up 1.06% at $65.52 per share. A move to $75.50 would represent a 15.23% increase from the current share price.
July 05, 2023 | 5:01 pm
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JP Morgan's maintained Overweight rating and increased price target for CCEP could potentially drive the stock price up in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, JP Morgan's decision to maintain an Overweight rating and raise the price target for CCEP suggests a positive outlook for the stock, which could potentially drive its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100