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Coca-Cola price target raised to $70 from $65 at TD Cowen

TD Cowen raised the firm’s price target on Coca-Cola to $70 from $65 and keeps a Hold rating on the shares. The firm said theyreported a top- and bottom-line beat in 2Q with organic sales and EPS aheaad of consensus. The company raised organic sales and EPS growth guidance but note FX will be a headwind.

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