Deutsche Bank Starts Coca-Cola (KO) at Buy
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Price: $87.74 +0.37%
Rating Summary:
25 Buy, 11 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
25 Buy, 11 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Deutsche Bank initiates coverage on Coca-Cola (NYSE: KO) with a Buy rating and $75 price target, suggesting 9% upside.
The firm said even with US and Euro trends soft, macro challenges and cost inflation, relative growth potential remains compelling and risk-adjusted valuation is reasonable.
"The Coke system is harmonized, with company, bottlers and retail partners finally aligned to drive profitable growth in a rising cost environment."
For more ratings news on Coca-Cola click here and for the rating history of Coca-Cola click here.
Shares of Coca-Cola closed at $68.57 yesterday.
The firm said even with US and Euro trends soft, macro challenges and cost inflation, relative growth potential remains compelling and risk-adjusted valuation is reasonable.
"The Coke system is harmonized, with company, bottlers and retail partners finally aligned to drive profitable growth in a rising cost environment."
For more ratings news on Coca-Cola click here and for the rating history of Coca-Cola click here.
Shares of Coca-Cola closed at $68.57 yesterday.
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