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Fly News Breaks for January 19, 2017
KO
Jan 19, 2017 | 06:09 EDT
Wells Fargo analyst Bonnie Herzog downgraded Coca-Cola to Market Perform saying she sees limited upside potential in 2017. Coca-Cola is likely to see increased earnings pressure due to significant macro and structural headwinds, Herzog tells investors in a research note. The analyst sees little reason for investors to continue to reward the company with multiple expansion. Herzog lowered her price target range for the shares to $42-$44 from $49-$51.
News For KO From the Last 2 Days
KO
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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.
