UPDATE: Citigroup Downgrades Coca-Cola Femsa to Sell, Raises PT
In a report published Friday, Citigroup downgraded its rating on Coca-Cola Femsa (NYSE: KOF ) from Neutral to Sell, but raised its price target from $134.00 to $142.00. Citigroup noted, “We are cutting our KOF 2013E consolidated EBITDA by 5%, reflecting weaker outlook in South America. We are lowering our
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