Citigroup Upgrades Coca-Cola Femsa SAB de to Buy, Raises Price Target to $102
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Renata Cabral has upgraded Coca-Cola Femsa SAB de (NYSE:KOF) from Neutral to Buy, raising the price target from $93 to $102.
October 29, 2024 | 11:19 am
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Citigroup has upgraded Coca-Cola Femsa SAB de (NYSE:KOF) from Neutral to Buy, with a new price target of $102, up from $93.
The upgrade from Neutral to Buy by Citigroup, along with an increased price target, suggests a positive outlook for Coca-Cola Femsa's stock. This is likely to attract more investors, potentially driving the stock price up in the short term.
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