Barclays Maintains Overweight on Coca-Cola Europacific, Lowers Price Target to $64
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 $74 to $64.

October 12, 2023 | 5:34 pm
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Barclays has maintained an Overweight rating on Coca-Cola Europacific but lowered the price target from $74 to $64.
While the Overweight rating indicates that Barclays expects CCEP to outperform the market, the lowering of the price target could lead to some short-term uncertainty among investors. However, the impact on the stock price is likely to be neutral in the short term as the positive and negative signals balance each other out.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100