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Coca-Cola upgraded by Barclays on turnaround plan focusing on smaller packaging, lower calories

Tae Kim

Barclays raises its rating to overweight from equal weight for Coca-Cola shares, saying its new product changes will lead to sales growth next year. Coca-Cola KO shares will rise due to its new business turnaround plans, according to one Wall Street firm. Barclays raised its rating to overweight from equal weight for Coca-Cola shares, saying its new product changes will lead to sales growth next year.