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Fly News Breaks for September 4, 2018
CCE
Sep 4, 2018 | 08:13 EDT
As previously reported, Macquarie upgraded Coca-Cola European Partners to Outperform from neutral and raised its price target to $48 from $43. Analyst Caroline Levy is more positive on the company's fundamentals as she expects +MSD organic sales growth in 2H 2018, in addition to solid operating leverage and synergy capture. Further, Levy sees valuation as "undemanding" and potential for a return capital event.
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