Form 4 COCA COLA CO For: Aug 21 Filed by: Quincey James
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Coca-Cola (KO) PT Raised to $78 at Morgan Stanley, New Top Pick
August 27, 2024 6:09 AM EDTMorgan Stanley analyst Dara Mohsenian raised the price target on Coca-Cola (NYSE: KO) to $78.00 (from $70.00) while maintaining a Overweight rating.
The analyst comments "We are raising Coca-Cola to our Top Pick in beverages (and raising our PT to $78 from $70), replacing Pepsi. We have already been increasingly bullish on Coca-Cola in recent months (even on top of our existing OW rating), as we laid out in our deep dive June KO notes titled "Reiterate OW; Coke Well-Positioned with... More
