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Fly News Breaks for October 10, 2016
TAP, CCE
Oct 10, 2016 | 05:39 EDT
Goldman Sachs analyst Judy Hong downgraded Coca-Cola European Partners (CCE) to Neutral saying she now sees more upside in shares of Molson Coors (TAP). The analyst sees limited near-term upside in CCE merger synergies and believes currency remains a headwind for the company. Hong keeps a $43 price target for the shares.