Wells Fargo Maintains Overweight on Coca-Cola, Raises Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey has maintained an Overweight rating on Coca-Cola (NYSE:KO) and increased the price target from $73 to $78.
September 16, 2024 | 2:05 pm
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Wells Fargo has reaffirmed its Overweight rating on Coca-Cola and increased the price target to $78, indicating a positive outlook on the stock.
The increase in price target from $73 to $78 by Wells Fargo suggests a positive sentiment towards Coca-Cola's future performance. The Overweight rating indicates that the analyst expects the stock to outperform the market, which could lead to a short-term increase in stock price.
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IMPORTANCE 80
RELEVANCE 100