Truist Securities Maintains Buy on Coca-Cola, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Coca-Cola and raised the price target from $70 to $80, indicating confidence in the company's future performance.
October 16, 2024 | 2:45 pm
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Truist Securities has maintained its Buy rating on Coca-Cola and increased the price target from $70 to $80, suggesting a positive outlook for the company's stock.
The increase in the price target from $70 to $80 by Truist Securities indicates a strong positive sentiment towards Coca-Cola's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100