JPMorgan raised the firm’s price target on Coca-Cola (KO) to $78 from $74 and keeps an Overweight rating on the shares ahead of the Q1 report on April 29. The company is not immune to tariffs and macro headwinds, but is is a “relatively more defensive stock” that will likely deliver among the highest sales growth in 2025 relative to peers, the analyst tells investors in a research note. JPMorgan says that while Coca-Cola is a “crowded long stock,” it can continue to work as a “port in a storm.”
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