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Fly News Breaks for March 26, 2018
CCE
Mar 26, 2018 | 07:48 EDT
Morgan Stanley analyst Dara Mohsenian started Coca-Cola European Partners with an Overweight rating and EUR39 price target, or $48 at today's exchange rate. He thinks the market is pricing in essentially flattish topline growth and not giving it enough credit for pricing power, high synergy visibility, strong cash flow generation, and flexibility for share repurchases, special dividends, or acquisitions, the analyst tells investors.
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