JPMorgan Chase raised Coca-Cola FEMSA's price target to $107 and assigned an overweight rating.
JPMorgan Chase raised its price target for Coca-Cola FEMSA (KOF) to $107 from $102, assigning an overweight rating to the stock, following similar upgrades by UBS Group and Scotiabank. The consensus target price has risen to $100.32, with an average rating of "Moderate Buy." Despite recent upgrades, Coca-Cola FEMSA reported Q1 earnings of $1.46 per share, missing the consensus estimate of $1.76 by $0.30.
April 16, 2024
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