Barclays raised the firm’s price target on Coca-Cola to $74 from $70 and keeps an Overweight rating on the shares as part of a Q3 earnings preview for the consumer staples group. As the firm reflects on positioning and key debates heading into earnings, it is “struck by how little seems to have changed since the last earnings season over the summer.”
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Read More on KO:
- Coca Cola call volume above normal and directionally bullish
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- Coca-Cola announces plans to debut Bacardi & Coca-Cola ready-to-drink cocktail
- Coca-Cola price target raised to $78 from $73 at Wells Fargo
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