Deutsche Bank Says Buy Coca-Cola (KO) On Recent Weakness
More News related to KO
- Citi Initiates Coverage on US Soft Drink Makers
- UBS Concerned with Consumer Staples; Downgrades Coke (KO), Pepsi (PEP), Kellogg (K)
- David Moenning's Daily State of the Markets: 11/18
- Notable Analyst Rating Changes 11/18: CHS, CBRL, MDTH, DIS Upgraded; KO, PEP, K, DT, ESLR Downgraded
- Morning Movers 11/18: HP (HPQ) Up on Strong Prelim Results/Guidance; Yahoo! (YHOO) Jumps After Yang Exits
More News related to Analyst Comments
- Citi Initiates Coverage on US Soft Drink Makers
- William Blair Initiates Coverage on Data Networking Stocks
- Caris Starts Coverage on Ariba (ARBA), Concur (CNQR), salesforce.com (CRM), Taleo (TLEO)
- Oppenheimer Initiates Coverage on ViroPharma (VPHM)
- Oppenheimer Initiates Coverage on Cadence Pharmaceuticals (CADX) with an Outperform
Deutsche Bank is reiterating their Buy rating on Coca-Cola (NYSE: KO) today, telling clients to pick-up the stock on recent weakness. The firm said Coca-Cola remains their top large-cap beverage idea based on attractive valuation, stable global volume growth and under-appreciated catalyst from higher concentrate pricing feeding through to profitability.
The firm notes that although Coca-Cola shares continue to suffer on concerns about weaker currency and US slowness, they said these concerns are well discounted in the stock.
The firm notes there is 27% total return to their $64 price target on Coca-Cola.
Related Categories
Analyst CommentsStocks Mentioned
+2.93Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
