Morgan Stanley Maintains Overweight on Coca-Cola, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Dara Mohsenian has maintained an Overweight rating on Coca-Cola (NYSE:KO) but lowered the price target from $70 to $65.
October 25, 2023 | 12:17 pm
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Morgan Stanley has maintained an Overweight rating on Coca-Cola but lowered the price target from $70 to $65.
The news is directly related to Coca-Cola. While the Overweight rating indicates a positive outlook, the lowering of the price target might have a neutral to slightly negative impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100