TD Cowen lowered the firm’s price target on Coca-Cola (KO) to $75 from $82 and keeps a Buy rating on the shares. The firm believes the company will tamp down their +5-6% organic sales growth guidance to the low-end of their range due to weak volume trends in several key international markets. As such, the firm lowered its 3Q and 2025 organic sales estimates to +4.5% and +5.3%, respectively, but maintain their EPS estimates.
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