UBS Removes Coca-Cola From Most Preferred List (KO)

Michael Ching, COO of US Equities Research at UBS, as removed Coca Cola Co. (NYSE: KO) from its Most Preferred List. Mr. Ching explains, "We expect future productivity benefits to be partially offset by negative country mix on the margin line and do not see a near-term catalyst for KO shares at this time."

Shares of Coca Cola are trading flat so far today at 53.79 per share. The 52 week high is 59.45 per share with a 52 week low of 37.44. It appears thus far that the report has had little near term impact on the share price.