Goldman Sachs Maintains Buy on Coca-Cola Europacific, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Bonnie Herzog has reaffirmed a Buy rating on Coca-Cola Europacific (CCEP) and increased the price target from $61 to $70.
December 05, 2023 | 12:58 pm
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Goldman Sachs maintains a Buy rating on Coca-Cola Europacific and raises the price target to $70, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Bonnie Herzog from Goldman Sachs typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100