UPDATE: BMO Capital Downgrades Coca-Cola (KO) to Market Perform

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June 7, 2017 3:28 AM EDT
Get Alerts KO Hot Sheet
Price: $85.65 --0%

Rating Summary:
    25 Buy, 11 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 9 | New: 24
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(Updated - June 7, 2017 5:19 AM EDT)

BMO Capital downgraded Coca-Cola (NYSE: KO) from Outperform to Market Perform with a price target of $46.00.

Analyst Amit Sharma says the stock is near peak valuation and the company's portfolio offering is reflected in the price. Sharma saws the downgrade does not reflect a change in the LT view on the company or its earnings power.

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 $45.98 yesterday.


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