UBS raised the firm’s price target on Coca-Cola Europacific Partners (CCEP) to $96 from $90 and keeps a Buy rating on the shares following the 2024 report. Despite volume headwinds in 2024, Coca-Cola Europacific is one of the few staples companies delivering consistent high-single digit earnings growth, “to which there is a scarcity value,” the analyst tells investors in a research note.
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