TD Cowen raised its price target on The Coca-Cola Company (NYSE:KO) from $75 to $80 and reaffirmed a Buy rating after the company’s strong third-quarter performance. Unit case volume rose 1%, surpassing expectations, and management reaffirmed its full-year organic revenue growth target of 5% to 6%.

TD Cowen praised KO’s “all-weather” business model and updated outlook reflects confidence in the company’s resilience. The Coca-Cola Company’s dividend yield is 2.91%, raised for 63 consecutive years. While KO is a solid investment, certain AI stocks may offer greater upside potential and less downside risk.

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Read more at Yahoo Finance: TD Cowen Raises Coca-Cola (KO) Price Target to $80, Reaffirms Buy Rating