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Fly News Breaks for November 17, 2017
KOF
Nov 17, 2017 | 07:35 EDT
Credit Suisse analyst Antonio Gonzalez does not think Brazilian Coca-Cola bottlers have a straightforward solution to replace the beer they will lose once Heineken exits the Coke system. Citing that view, he believes a Brazilian recovery could take longer for the bottlers and he downgraded Coca-Cola Femsa to Neutral and set a MXN 128 fair value on the shares.
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