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Stock impact report

UBS Turns Slightly More Positive on Coca-Cola (KO), Notes Improving Trends [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
urbanbuzz / Shutterstock.com On April 7, UBS raised the firm's price recommendation on The Coca-Cola Company (NYSE:KO) to $90 from $87. It maintained a Buy rating on the shares. The firm said Q1 results across much of the consumer staples group are expected to be “okay.” It sees organic revenue growth showing signs of improvement and some stabilization. At the same time, the focus is shifting to forward-looking commentary. Inflation remains a concern, especially for the second half of the year and possibly beyond, according to the analyst's preview note. On April 1, Reuters reported that Coca-Cola, along with its authorized bottlers Coca-Cola Beverages South Africa and Coca-Cola Peninsula Beverages, plans to invest 17.6 billion rand ($1.05 billion) in South Africa through 2030. The announcement came from Luis Felipe Avellar, president of the Coca-Cola Company's Africa operating ?unit, during an investment conference in Johannesburg. At the same event, Cyril Ramaphosa outlined a g Show less Read more
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