CFRA Downgrades Coca-Cola Rating

This is a news story, published by Yahoo Finance (Canada), that relates primarily to CFRA Research news.

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Coca-Cola downgraded to "Hold" at CFRA Research

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Analysts at CFRA Research have downgraded their rating of Coca-Cola to "Hold" from "Buy" The analysts said that after a "better-than-expected" second-quarter earnings release, "the stock is now fairly valued," they said.

Shares in Coke have now risen by more than 21% so far this year , outpacing gains in shares of PepsiCo Inc.

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