Barclays Maintains Overweight on Coca-Cola, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman has maintained an Overweight rating on Coca-Cola (NYSE:KO) and increased the price target from $60 to $66, indicating a positive outlook on the company's stock.
January 16, 2024 | 6:10 pm
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Barclays analyst Lauren Lieberman maintains an Overweight rating on Coca-Cola and raises the price target from $60 to $66, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Lauren Lieberman from Barclays is a strong positive signal to the market, often leading to increased investor confidence and potential short-term price appreciation for Coca-Cola's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100