Morgan Stanley upgraded Coca-Cola Europacific Partners (CCEP) to Overweight from Equal Weight with a price target of EUR 87, up from EUR 69. The firm has increased confidence in the company’s Q4 and fiscal 2025 outlook and sees catalysts from a likely FTSE inclusion and resumption of buybacks. Coca-Cola Europacific fits well with post U.S. election themes with no direct tariff risk and limited currency exposure, the analyst tells investors in a research note.
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