Coca-Cola (KO) Reports In-Line Q4 EPS, Beats on Revenue; Offers FY24 Guidance

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Go back to Coca-Cola (KO) Reports In-Line Q4 EPS, Beats on Revenue; Offers FY24 Guidance

CFRA Downgrades Coca-Cola (KO) to Buy

February 13, 2024 8:26 AM EST

CFRA analyst Garrett Nelson downgraded Coca-Cola (NYSE: KO) from Strong Buy to Buy with a price target of $66.00 (from $68.00).

The analyst comments "We lower our 12-month target by $2 to $66, based on a '25 P/E of 22.0x, a discount to KO's... More