Coca-Cola Reports Strong Results in Second Quarter; Updates Full Year Guidance

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Go back to Coca-Cola Reports Strong Results in Second Quarter; Updates Full Year Guidance

Coca-Cola (KO) PT Raised to $65 at Morgan Stanley

July 22, 2021 7:24 AM EDT

Morgan Stanley analyst Dara Mohsenian raised the price target on Coca-Cola (NYSE: KO) to $65.00 (from $64.00) while maintaining a Overweight rating following earnings.

The analyst commented, "We are OW on KO. Short term, we see a well-above-consensus post-COVID topline/EPS recovery ahead through... More

Coca-Cola (KO) PT Raised to $60 at Cowen

July 21, 2021 3:52 PM EDT

Cowen analyst Vivien Azer raised the price target on Coca-Cola (NYSE: KO) to $60.00 (from $57.00) while maintaining a Market Perform rating.

The analyst commented, "KO delivered a strong beat, with EPS of $0.68, vs. our $0.55 est., driven by much better than expected top line... More

Coca Cola (KO) Tops Q2 EPS by 13c, Updates Guidance

July 21, 2021 6:56 AM EDT

Coca Cola (NYSE: KO) reported Q2 EPS of $0.68, $0.13 better than the analyst estimate of $0.55. Revenue for the quarter came in at $10.1 billion versus the consensus estimate of $9.25 billion.

Full Year 2021:

The company expects to deliver organic revenue (non-GAAP) growth of 12% to 14%. Updated

For comparable net revenues (non-GAAP), the company expects a 1% to... More