Wells Fargo analyst Chris Carey lowered the firm’s price target on Coca-Cola (KO) to $75 from $78 and keeps an Overweight rating on the shares. The firm says it emerges from its Q3 edition of its Coca-Cola System bottler roll-up seeing upside to Q4 consensus price/mix with estimates for unit case acceleration fine, and a generally constructive system, one that managed through tough comps/weather in Q3.
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