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Fly News Breaks for May 17, 2018
KO
May 17, 2018 | 06:03 EDT
Barclays analyst Lauren Lieberman upgraded Coca-Cola to Overweight and raised her price target for the shares to $48 from $45. The company's transformation should drive "sustainably better growth," which should yield a higher valuation premium, Lieberman tells investors in a research note. The analyst believes Coca-Cola's "wide-ranging changes" will bring benefits to fundamentals.
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