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Fly News Breaks for December 9, 2016
KO
Dec 9, 2016 | 10:42 EDT
Wells Fargo analyst Bonnie Herzog believes the retirement of Coca-Cola CEO Muhtar Kent and the appointment of James Quincey as his replacement was a highly anticipated announcement. The analyst calls Quincey a "great leader" and she expects a "smooth" transition. Herzog keeps an Overweight rating on Coca-Cola with a $49-$51 price target range.
News For KO From the Last 2 Days
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Latest data shows the largest indicative borrow rate increases among liquid option names include: Luminar Technologies (LAZR) 21.68% +6.44, Mesoblast (MESO) 145.03% +2.00, iShares S&P National AMT Free Municipal Bond Fund (MUB) 19.65% +1.21, Stellantis NV (STLA) 1.41% +0.98, Veritone (VERI) 40.08% +0.46, ALTC Acquistion Corp (ALCC) 6.05% +0.44, US Global Jets ETF (JETS) 7.23% +0.36, Nokia (NOK) 3.33% +0.27, Annovis Bio Inc (ANVS) 91.57% +0.16, and Coca Cola (KO) 0.41% +0.16.
