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Stock impact report

Deutsche Bank Raises Coca-Cola (KO) Target, Flags CPG Pressures and Demand Risks [Yahoo! Finance]

Coca-Cola Company (The) (KO) 
Last coca-cola company (the) earnings: 4/21 05:55 am Check Earnings Report
US:NYSE Investor Relations: coca-colacompany.com/investors
Company Research Source: Yahoo! Finance
Deutsche Bank Raises Coca-Cola (KO) Target, Flags CPG Pressures and Demand Risks urbanbuzz / Shutterstock.com On March 30, Deutsche Bank raised its price recommendation on The Coca-Cola Company (NYSE:KO) to $86 from $83. It reiterated a Buy rating on the shares. The firm said it sees “legitimate and widespread pressures building” across much of the consumer packaged goods industry, tied to the conflict in the Middle East. It also noted that these stocks underperformed in March, as investors reacted to cost inflation concerns, the risk of demand trade-down, and unfavorable currency moves, the analyst said. On April 2, CNBC reported that Coca-Cola launched a new campaign aimed at boosting soda sales at restaurants, where traffic and spending have remained under pressure. For the first time, the ads feature multiple restaurant partners. They show customers placing orders that all end with “And a Coke.” Thirteen chains are part of the campaign. The effort comes as restaurants dea Show less Read more
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