CCEP is trading 4.5% up at $104.58 amid growing optimism ahead of its August earnings release.
- Analyst sentiment is strongly positive, featuring a consensus Strong Buy rating and an average price target positioned above current levels.
- Options markets have recently priced in a sizable move into mid-July, signaling significant bullish positioning.
- Today's upside momentum is further supported by a combination of solid recent fundamentals and positive market sentiment.