The Coca Cola Company (KO) Reports In-Line Q3 EPS
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October 22, 2014 6:56 AM EDT
Societe Generale downgraded Coca-Cola (NYSE: KO) from Hold to Sell with a price target of $37.50.
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 $40.68 yesterday.
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October 21, 2014 7:37 AM EDT
Coca Cola (NYSE: KO) announced actions to reinvigorate growth. These actions support the previously announced five strategic priorities to restore momentum and the Companys long-term growth target of high single-digit comparable currency neutral EPS.
We are taking decisive action to position The Coca-Cola Company to continue delivering long-term value for our shareowners, said Muhtar Kent, Chairman and Chief Executive Officer of The Coca-Cola Company. We have taken a hard look at our progress to date and realize that while the strategies we laid out at the beginning of the year are on... More
