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Bank Of America Recommends Coca-Cola Ahead Of Other Beverage Stocks

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Coca-Cola Company The NYSE:KO, Coca-Cola Enterprises, Inc. NYSE:CCE - Bank Of America Recommends Coca-Cola Ahead Of Other Beverage Stocks

The Coca-Cola Co KO 0.92% shares hit a 52-week high of $47.13 after Bank of America Merrill Lynch recommended KO ahead of other beverage stocks "on improving profitability due to better price/mix from no longer chasing volume in addition to restructuring savings."

The brokerage also sent a "callout-watchout-reminder" against the following companies: Mondelez International Inc MDLZ 0.38%, WhiteWave Foods Co WWAV 0.39% and TreeHouse Foods Inc. THS 1.25% heading in to the first-quarter earnings.

Coca-Cola: Buy, PT Raised $4 To $52, Reports 1Q16 EPS April 20

"We are comfortable with 4 percent organic sales and 2 percent volume, which exclude the impact of one less selling day. KO remains one of our top picks as we believe the...


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