Coca-Cola forecasts drop in 2017 profit amid refranchising
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Coca-Cola (KO) PT Lowered to $42 at Jefferies Following 4Q Report
February 10, 2017 8:29 AM ESTJefferies lowered its price target on Coca-Cola (NYSE: KO) to $42.00 (from $43.00) while maintaining a Hold rating. KO reported 4Q EPS of $0.37 (vs. Street $0.37) on +6% org sales growth (vs. Street +3.5%). KO's FY17 guide calls for 3% org sales growth, though implies $1.83-$1.89 in EPS (vs. Street... More
