Wells Fargo raised the firm’s price target on Coca-Cola to $62 from $60 and keeps an Overweight rating on the shares. The firm thinks Q3 was more than just another quarter, as Coca-Cola again was given the opportunity to confront a growing FX storm…and the “all weather” model came through, with a beat/raise to EPS.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on KO:
- Coca-Cola (NYSE:KO): Enjoy a Refreshing Warren Buffett Stock
- Coca-cola Company Reported Earnings. Did it Beat Estimates?
- Coca-Cola’s (NYSE:KO) Q3 Earnings Fizz with Success
- Options Volatility and Implied Earnings Moves Today, October 24, 2023
- Coca-Cola sees a mid single-digit currency headwind to FY24 EPS growth