Barclays analyst Lauren Lieberman maintained a Buy rating on Coca-Cola Europacific Partners (CCEP – Research Report) today and set a price target of $98.00.
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According to TipRanks, Lieberman is a 3-star analyst with an average return of 1.8% and a 51.70% success rate. Lieberman covers the Consumer Defensive sector, focusing on stocks such as Colgate-Palmolive, Church & Dwight, and PepsiCo.
In addition to Barclays, Coca-Cola Europacific Partners also received a Buy from Bank of America Securities’s Bryan Spillane in a report issued on February 18. However, on February 25, Kepler Capital downgraded Coca-Cola Europacific Partners (NASDAQ: CCEP) to a Sell.
Based on Coca-Cola Europacific Partners’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $9.83 billion and a net profit of $797 million. In comparison, last year the company earned a revenue of $8.98 billion and had a net profit of $854 million
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