.August 29, 2024 5:07:34 PM

Jefferies raised Coca-Cola’s price target from $65 to $73, maintaining a “Hold” rating, indicating confidence in the company’s future growth potential. Coca-Cola hit a 52-week high, showcasing strong market performance and resilience. With a market capitalization of $310.53 billion, Coca-Cola solidifies its position as a key player in the beverage industry, attracting investor interest. The increase in price target by Jefferies reflects optimism about Coca-Cola’s future, highlighting its ability to continue growing and maintaining a strong market presence. Overall, these developments paint a positive outlook for Coca-Cola’s future growth and profitability.