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Fly News Breaks for July 25, 2016
KOF
Jul 25, 2016 | 06:37 EDT
Citi analyst Alexander Robarts downgraded Coca-Cola Femsa to Sell citing the "severe" profit erosion in Venezuela and a longer than expected currency downturn in Brazil. The analyst views the current valuation as stretched and cut his price target for the shares to $73 from $76.50.
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