19-04-2017 20:40 via feedproxy.google.com

CREDIT SUISSE: Coke will return to growth, but not because of soft drinks (KO)

Coca-Cola Company's stock price has fallen 7% over the last year as investors have come to realize consumers are becoming increasingly wary of sugary drinks.
But Credit Suisse equity analyst Laurent Grandet says Coke is set to "sparkle" again with new CEO James Quincey taking over May 1 and a promising turnaround plan in place.
Grandet circulated a note to clients April 19 upgrading the stock to an "Outperform" rating from "Neutral" and raising his price target to $49 from $44.&nb
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