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Ahead Of The Bell: Coca-Cola Enterprises
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NEW YORK (AP) — A Goldman Sachs analyst on Wednesday added Coca-Cola Enterprises Inc., the biggest bottler of Coke drinks, to its "Conviction Buy" list.
Analyst Judy Hong said the company was added to the list to capture any benefit from a resurgence in demand for carbonated soft drinks.
"We believe favorable soda dynamics and commodity deflation set the stage for CCE to post a few years of above-algorithm 10 percent to 12 percent earnings per share growth," Hong wrote in a note to investors. ...
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