Exane BNP Paribas Upgrades Coca-Cola Europacific to Outperform, Announces $79 Price Target
Portfolio Pulse from Benzinga Newsdesk
Exane BNP Paribas analyst Matthew Ford upgraded Coca-Cola Europacific (CCEP) from Neutral to Outperform and set a price target of $79. The upgrade suggests a positive outlook for CCEP's future performance.
January 12, 2024 | 10:33 am
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Coca-Cola Europacific was upgraded by Exane BNP Paribas from Neutral to Outperform with a new price target of $79, indicating a positive future performance expectation.
Upgrades by analysts typically lead to a positive short-term reaction in the stock market as they suggest improved future performance and profitability. The new price target of $79 by Exane BNP Paribas is likely to set a bullish tone for CCEP's stock, potentially attracting investors and driving up the share price.
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