JP Morgan Maintains Overweight on Coca-Cola Femsa SAB de, Raises Price Target to $107
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Lucas Ferreira has maintained an Overweight rating on Coca-Cola Femsa SAB de (KOF) and increased the price target from $102 to $107.
April 12, 2024 | 3:09 pm
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POSITIVE IMPACT
JP Morgan has reaffirmed its Overweight rating on Coca-Cola Femsa SAB de and raised its price target from $102 to $107.
The increase in price target by a reputable analyst like Lucas Ferreira from JP Morgan suggests a positive outlook on the stock's future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100