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Fly News Breaks for February 5, 2016
KO
Feb 5, 2016 | 07:37 EDT
Susquehanna analyst Pablo Zuanic upgraded Coca-Cola to Neutral and raised his price target to $40 from $33 on shares. The analyst said, after the SABMiller deal, he thinks Coca-Cola could be in AB InBev's (BUD) sites down the road, if it decides it wants to move into soft drinks, North American profitability could be helped by better US pricing and refranchising, and further M&A could improve Coke's global platform.
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