Coke Boosted, Molson Coors Tapped, Trouble Ahead for Pier 1

A boost for Coke, a cut at Molson Coors and a downgrade at Pier One, all in Wednesday's Analysts' Actions. Jefferies nudged their price target on Coca-Cola slightly higher to $43 a share from $41, but maintained a HOLD rating on the stock. Analysts said the company is in good shape, but that 2015 is a transition year. Molson Coors had its targets reduced by $4 to $80 a share at Credit Suisse after missing profits estimates in its recent quarter. Pier 1 was downgraded to PERFORM at Oppenheimer with its price target withdrawn after the retailer warned fourth-quarter results would fall well short of estimates.