Coca-Cola Upgraded to Buy as Growth Potential Alig…
From Financial Modeling Prep: 2025-01-08 09:00:00
TD Cowen analysts upgraded Coca-Cola (NYSE:KO) to Buy from Hold with a price target of $75, citing confidence in sustained strong performance and long-term growth opportunities, especially in international markets. They raised the fiscal 2025 organic sales growth estimate to 6%, at the high end of projections, due to exceptional execution in key regions.
Despite concerns over temporary challenges and a recent stock pullback, analysts believe Coca-Cola is well-positioned to benefit from increasing global beverage consumption. The company’s ability to capitalize on growth opportunities in emerging markets remains a key driver for future success.
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