Morgan Stanley raised the firm’s price target on Coca-Cola (KO) to $78 from $76 and keeps an Overweight rating on the shares. Another “strong” organic sales growth performance in Q4 is confirming Coke will land at a higher organic sales pace than peers, with market share gains behind strong execution, the analyst tells investors in a post-earnings note.
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Read More on KO:
- Coca-Cola: Strong Q4 Performance and Strategic Advantages Drive Buy Recommendation
- Coca-Cola price target raised to $75 from $70 at Wells Fargo
- Coca-Cola’s Strategic Resilience and Growth Potential Justify Buy Rating
- Analysts Shower Coca-Cola (KO) with Buy Ratings Post Q4 Results
- Coca-Cola Reports Positive Revenue Growth in 2024