BofA analyst Andrea Pistacchi downgraded Coca-Cola Europacific Partners (CCEP) to Neutral from Buy with a price target of $96, down from $102. The firm says that with the consumer environment in Europe still challenging, Coca-Cola Europacific’s 2026 sales growth will fall short of its 4% mid-term guidance for a third consecutive year. BofA views the stock as fairly valued, with limited scope for multiple expansion.
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