Barclays analyst Lauren Lieberman raised the firm’s price target on Coca-Cola Europacific Partners (CCEP) to $86 from $84 and keeps an Overweight rating on the shares. The firm thinks the company’s reiterated fiscal 2024 outlook, despite a tempered sales outlook, highlights it has the right strategies in place to navigate the current backdrop.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CCEP:
- Coca-Cola Europacific price target raised to EUR 78 from EUR 74 at JPMorgan
- Coca-Cola Europacific Partners Executives’ Stock Transactions Unveiled
- Coca-Cola Europacific Partners Reports Strong Q3 Growth
- Coca-Cola Europacific Partners Updates Voting Rights
- Coca-Cola Europacific Partners’ Management Buys More Shares