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Fly News Breaks for April 17, 2018
PEP, KO
Apr 17, 2018 | 06:03 EDT
Goldman Sachs analyst Judy Hong upgraded Coca-Cola (KO) to Neutral while reducing her price target for the shares to $46 from $47. The analyst coupled the upgrade with a downgrade of PepsiCo (PEP) to Sell. For Coca-Cola, the analyst sees an improving organic sales growth outlook, "cleaner base" post-refranchising, and better visibility on its margin and earnings targets. She calls the company "one of the rare" over 4% organic growth mega-cap stories in Americas Beverages.
News For KO;PEP From the Last 2 Days
KO, PEP
Apr 25, 2024 | 09:40 EDT
PEP
Apr 25, 2024 | 08:00 EDT
Notable profits for the buyer who lifted the $0.43 offer for 1,999 PepsiCo (PEP) May-24 180 calls yesterday at 10:11ET when underlying shares were trading at $172.36. Shares closed at $177.41, and the calls at $1.65 for a mark-to-market profit of 285%, or $245K, on the $86K outlay.
PEP
Apr 25, 2024 | 05:08 EDT
