Coca-Cola European Partners Provides 2017 Business Update and Full-Year 2016 Outlook
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Jefferies Remains Sidelined on Coca-Cola European Partners (CCE) Following 2017 Guidance
December 16, 2016 8:10 AM ESTJefferies maintained a Hold rating and $38.00 price target on Coca-Cola European Partners (NYSE: CCE) following the company's 2017 guidance call. CCE implied an EPS range of 2.01-2.05 ~3.5% below Street est. at the mid-point; however, we view this more of a synergy phasing issue than material change in... More
