Credit Suisse Starts The Vita Coco Co. Inc (COCO) at Outperform
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Vita Coco (COCO) Stock Soars 10% as Goldman Sachs, Wells Fargo and Others Start at Buy, See Over 30% Upside
November 15, 2021 9:56 AM ESTShares of Vita Coco Company (NASDAQ: COCO) are up over 10% in todays trading session after the coconut water-maker received all bullish ratings from major Street research firms.
Coco made its public debut on October 21 when shares opened a bit over $15 a share, lower than the IPO pricing range of $18.00 - $21.00.
At least 6 Street research firms started at Buy or equivalent with an average price target of $19.00, suggesting an upside of 31% compared to Fridays... More
