US1912161007 - Common Stock
The NYSE-listed soft drink giant has acquired the business from the administrator, with the Cowan family to retain the smaller cordials and soda operations.
Investors shrugged off the meltdown on Thursday. A few Dow laggards rebounded.
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Coca-Cola Brasil invested 550 million reais ($91 million) to expand a concentrate beverage plant in the Brazilian state of Amazonas, the company said in a statement. The new plant was inaugurated on Friday in the presence of Brazil's Vice President Geraldo Alckmin and other official authorities, Coca-Cola said. ($1 = 6.0379 reais)
Investors need to pay close attention to Coca-Cola (KO) stock based on the movements in the options market lately.
While KO's sales outlook suggests a slowdown in the second half of 2024, its strategies and execution indicate long-term growth potential.
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The average brokerage recommendation (ABR) for Coca-Cola (KO) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Coca-Cola (KO) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.