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Coca-Cola price target raised to $90 from $87 at Citi

Citi analyst Filippo Falorni raised the firm’s price target on Coca-Cola (KO) to $90 from $87 and keeps a Buy rating on the shares. The company reported “strong” Q1 results, the analyst tells investors in a research note. Citi believes Coke continues to post the best results in staples and has momentum into the summer.

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