Citi Downgrades Coca-Cola (KO) to Neutral
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Price: $61.74 +0.31%
Rating Summary:
20 Buy, 13 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
20 Buy, 13 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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Citi analyst Wendy Nicholson downgraded Coca-Cola (NYSE: KO) from Buy to Neutral with a price target of $50.00 (from $56.00) as EPS is stuck in a rut.
They believe KO’s shares are fully-valued given the lack of near-term EPS growth on a dollar-basis at the company.
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 $45.82 yesterday.
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