Barclays Maintains Overweight on Coca-Cola Europacific, Raises Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Overweight rating on Coca-Cola Europacific (CCEP) and raises the price target from $78 to $84.
May 14, 2024 | 6:01 pm
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Barclays has maintained its Overweight rating on Coca-Cola Europacific and increased the price target from $78 to $84, indicating a positive outlook on the stock.
The upgrade in the price target by a reputable analyst like Barclays suggests a strong confidence in Coca-Cola Europacific's future performance. This is likely to be viewed positively by the market, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100