UPDATE: UBS Investment Research Raises Target to $73 on Coca-Cola

UBS Investment Research reiterates its Neutral rating on Coca-Cola KO and raises its price target to $73 from $70 as it rolls the base estimates to 2013. UBS Investment Research notes, "We are slightly raising our 2012-13 estimates for KO to $4.11 and $4.53, from $4.09 and $4.51. Our new 2012 estimates are based on: 1) 3.3% global volume growth; 2) slightly diminishing FX headwinds (guided L/MSD), 3) slightly better EBIT margins than previously anticipated (partial amounts of new productivity and CCR synergies), 4) flat y/y 2012 GMs, and 5) $30m in interest income." KO closed at $68.55 a share on Friday.