HSBC Downgrades Coca-Cola To Hold

HSBC downgraded

from Overweight to Hold. The price target for Coca-Cola Femsa has been lowered from $135.00 to $79.00. Coca-Cola Femsa shares have dropped 26.75 percent over the past 52 weeks, while the S&P 500 index has surged 11.85 percent in the same period. Coca-Cola Femsa shares climbed 2.74 percent to close at $81.31 yesterday.