Goldman Sachs Upgrades Coca-Cola Europacific to Buy, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Bonnie Herzog has upgraded Coca-Cola Europacific (CCEP) from Neutral to Buy and increased the price target from $61 to $70.
December 04, 2023 | 9:39 am
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Goldman Sachs upgraded Coca-Cola Europacific to Buy and raised the price target to $70, indicating a positive outlook for the stock.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest improved fundamentals or potential for the company. The increase in price target further reinforces the positive sentiment towards CCEP.
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