Credit Suisse Raises Price Target on Coca-Cola (KO) to $57

Credit Suisse raised its price target on Coca-Cola (NYSE: KO) from $48 to $57, reiterating their Outperform rating.

Shares of closed at $49.18 yesterday, providing 16% upside to the firm's new price target.

The Coca-Cola Company manufactures, distributes, and markets nonalcoholic beverage concentrates and syrups worldwide. It principally offers sparkling and still beverages.

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