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Consumer Sector Update for 02/05/2016: KO, PSMT

Top Consumer Shares:

WMT: flat

MCD: flat

DIS: flat

CVS: flat

KO: +0.3%

GE: -0.3%

Consumer shares were mainly unchanged ahead of the opening bell on Thursday.

In consumer stocks news, The Coca-Cola Company ( KO ) has been upgraded by Susquehanna to a neutral rating from negative. The firm also raised its price target on the stock to $40 from $33 a share.

Shares in the company were 0.3% higher at $42.66. The company has traded between $36.56 and $43.91 over the past 52 weeks.

And PriceSmart ( PSMT ), an operator of membership shopping warehouse clubs, reported Friday a 3.3% increase in sales for January 2016 to $226.4 million compared to $219.2 million in the year ago period.

Shares in the company were unchanged at $72.45. The company has traded between $68.51 and $103.59 over the past 52 weeks.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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