Coca Cola (KO) Tops Q1 EPS by 2c; Provides FY19 Growth Outlook

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Coca-Cola (KO) PT Raised to $49 at Cowen

April 24, 2019 8:37 AM EDT

Cowen analyst Vivien Azer raised the price target on Coca-Cola (NYSE: KO) to $49.00 (from $47.00) while maintaining a Market Perform rating following the company's 1Q. KO's in-line 1Q19 print featured a penny beat to Cowen's comparable EPS estimate of $0.47. Because expectations were tempered... More