Morgan Stanley raised its price target on Coca-Cola (NYSE: KO) to $44.00 (from $42.00) while maintaining a Equalweight rating.

Analyst Dara Mohsenian comments "We are EW KO given we believe strategy changes, which we
expect to drive improved fundamentals, are priced into valuation."

Mohsenian maintains FY 2017 EPS estimate at $1.88, raises FY 2018 EPS estimate from $1.92 to $1.95 and raises FY 2019 EPS estimate from $2.03 to $2.06.