Goldman Sachs Maintains Neutral on Coca-Cola Femsa SAB de, Raises Price Target to $92.7
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Luca Cipiccia has maintained a Neutral rating on Coca-Cola Femsa SAB de (NYSE:KOF) and raised the price target from $83.4 to $92.7.

August 04, 2023 | 1:20 pm
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NEUTRAL IMPACT
Goldman Sachs has maintained a Neutral rating on Coca-Cola Femsa SAB de and raised the price target from $83.4 to $92.7.
The news is directly about Coca-Cola Femsa SAB de (KOF). Goldman Sachs' decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $83.4 to $92.7 suggests a positive long-term outlook. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100