Coca Cola Femsa S.A.B. de C.V. Hits New 52-Week High

Coca Cola Femsa S.A.B. de C.V., listed on the NYSE under ticker KOF, reached a new 52-week high of $116.79 during trading on Tuesday.

The company's stock had previously closed at $114.87 and last traded at $116.6050 with a volume of 77,865 shares.

This development comes after several analyst upgrades and price target increases, including a boost from JPMorgan Chase & Co., which upped its price target on shares of Coca Cola Femsa from $114.00 to $127.00.