Citigroup Reiterates Buy on Coca-Cola, Maintains $74 Price Target
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Filippo Falorni has reiterated a 'Buy' rating on Coca-Cola (NYSE:KO) and maintained a price target of $74.
July 11, 2023 | 2:28 pm
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Citigroup has reiterated a 'Buy' rating on Coca-Cola and maintained a price target of $74.
The reiteration of a 'Buy' rating by Citigroup indicates a positive outlook for Coca-Cola. The maintained price target of $74 suggests that Citigroup believes the stock is undervalued at current levels, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100