Coca-Cola (KO) PT Raised to $68 at Cowen

April 25, 2022 5:34 PM EDT
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Price: $62.69 +0.10%

Rating Summary:
    19 Buy, 14 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 0 | Down: 5 | New: 0
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Cowen analyst Vivien Azer raised the price target on Coca-Cola (NYSE: KO) to $68.00 (from $65.00) while maintaining a Market Perform rating.

The analyst commented, "KO delivered 1Q22 EPS of $0.64, which was 6 cents ahead of our consensus-matching estimate. Organic revenue growth was up an impressive 18%, as the company cycled its easiest comparison of the year. Full year guidance remains unchanged, for organic revenue growth of 7-8%, and underlying LC EPS growth of 8-10%."

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