UBS Maintains Buy on Coca-Cola Femsa SAB de, Raises Price Target to $112
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Rodrigo Alcantara has maintained a Buy rating on Coca-Cola Femsa SAB de (NYSE:KOF) and increased the price target from $109 to $112.
April 16, 2024 | 12:50 pm
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UBS has maintained a Buy rating on Coca-Cola Femsa SAB de and raised the price target from $109 to $112.
The increase in the price target by UBS reflects a positive outlook on Coca-Cola Femsa's stock, likely due to strong financial performance or growth prospects. This endorsement from a major financial institution could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100