Barclays analyst Lauren Lieberman raised the firm’s price target on Coca-Cola (KO) to $74 from $73 and keeps an Overweight rating on the shares. Ahead of Q1 earnings, the firm revisited estimates across beverages and consumer products to account for slower consumer demand in the U.S. among other headwinds.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KO:
- EU Antitrust Regulators Target Coca-Cola (KO) Bottlers in Raids
- Coca-Cola business in Europe target of EU antitrust raid, Bloomberg reports
- Deloitte, PwC, KPMG launch attack on IRS over treatment of Coca-Cola, FT says
- Citi Cheers Samuel Adams Parent Boston Beer Stock (NYSE:SAM) Ahead of Sun Cruiser Launch
- Citi names Keurig Dr Pepper top pick in beverages, personal care