Coca-Cola Enterprises (CCE) Misses Q3 EPS by 5c; Affirms FY16 Outlook

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Go back to Coca-Cola Enterprises (CCE) Misses Q3 EPS by 5c; Affirms FY16 Outlook

UBS Cuts Price Target on Coca-Cola European Partners (CCE) to $38 Following 3Q

November 11, 2016 8:57 AM EST

UBS maintained a Neutral rating on Coca-Cola European Partners (NYSE: CCE), and cut the price target to $38.00 (from $41.00), following the company's 3Q earnings report. Across the board, CCEP was able to grow its portfolio as Sparkling brands grew +3.0% (with Coca-Cola trademark up +2.0%), sparking flavours and... More