Coca-Cola FEMSA Shares Rise After JPMorgan Upgrade

MT newswire2026/10/16 18:41

02:41 PM EDT, 10/16/2026 (MT Newswires) -- Coca-Cola FEMSA (KOF) shares rose 2.3% in Friday trading after JPMorgan upgraded the stock to overweight from neutral, with a price target of $151 per share. Trading volume stood at over 259,000 shares compared with a daily average of about 134,000. Price: 118.35, Change: +2.68, Percent Change: +2.32

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A survey released by the New York Fed on Friday shows that in October, sales prices for service sector firms increased at the fastest pace since 2022, with input costs remaining robust and supply conditions continuing to deteriorate. Businesses’ pessimism about the commercial outlook has significantly intensified, with the overall business activity index falling by 12 points from the previous month to minus 20.7, marking the weakest reading since March.

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Coca-Cola FEMSA Shares Rise After JPMorgan Upgrade

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