Stifel Downgrades Coca-Cola (KO) to Hold

September 29, 2016 8:51 AM EDT
Get Alerts KO Hot Sheet
Price: $40.98 -0.75%

Rating Summary:
    14 Buy, 14 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 21 | Down: 18 | New: 19
Trade KO Now!
Join SI Premium – FREE

Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.

Stifel downgraded Coca-Cola (NYSE: KO) from Buy to Hold with a price target of $45.00 (from $50.00).

Analyst Mark Swartzberg commented, "We are downgrading KO to Hold from Buy, motivated by PEP's 3Q results, our belief neither is suited to multiple expansion, and the likelihood consensus EPS forecasts remain the same or go up slightly."

For an analyst ratings summary and ratings history on Coca-Cola click here. For more ratings news on Coca-Cola click here.

Shares of Coca-Cola closed at $42.15 yesterday.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Analyst Comments, Analyst PT Change, Downgrades, Hot Downgrades

Related Entities

Stifel

Add Your Comment