Coca-Cola Pops Bullish Ahead Of Q2 Earnings: Will The Fizz Last?
Portfolio Pulse from Surbhi Jain
Coca-Cola Co (NYSE:KO) is set to report its Q2 earnings on Tuesday, with Wall Street expecting 80 cents in EPS and $11.8 billion in revenues. The stock has shown a bullish trend, supported by various technical indicators, and analysts see a potential 10% upside with a price target of $69.20.
July 22, 2024 | 5:21 pm
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Coca-Cola is set to report Q2 earnings with expectations of 80 cents EPS and $11.8 billion in revenues. The stock shows a bullish trend supported by technical indicators, and analysts see a 10% upside with a price target of $69.20.
Coca-Cola's stock is showing a bullish trend supported by various technical indicators such as SMA, MACD, and Bollinger Bands. Analysts have a consensus Buy rating with a price target implying a 10% upside. This positive sentiment and strong technical indicators suggest a likely short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100