Morgan Stanley Reiterates Overweight on Coca-Cola, Maintains $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dara Mohsenian has reiterated an Overweight rating on Coca-Cola (NYSE:KO) and maintained a $70 price target.
July 27, 2023 | 4:05 pm
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Morgan Stanley has reiterated an Overweight rating on Coca-Cola and maintained a $70 price target, which could positively impact the stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. An Overweight rating suggests that the analyst believes the stock will outperform its industry in the near term. The maintenance of a $70 price target indicates that the analyst sees potential for the stock's price to increase.
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