Barclays Maintains Overweight on Coca-Cola Europacific, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman has maintained an Overweight rating on Coca-Cola Europacific (NASDAQ:CCEP) but lowered the price target from $75 to $72.
July 20, 2023 | 11:08 am
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Barclays has maintained an Overweight rating on Coca-Cola Europacific but lowered the price target from $75 to $72.
The news is directly about Coca-Cola Europacific. Barclays' decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target may indicate a slightly less optimistic view of the company's future performance. This could have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100