JP Morgan Maintains Overweight on Coca-Cola, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains an Overweight rating on Coca-Cola (NYSE:KO) and raises the price target from $59 to $62.
October 25, 2023 | 4:23 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Coca-Cola and raises the price target from $59 to $62, which could lead to a positive market reaction.
The raised price target by JP Morgan indicates a positive outlook for Coca-Cola. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100