Citi Raises Coca-Cola Price Target to $91: World Cup Could Pour Volumes Higher

Citi raised its price target on Coca-Cola to $91 from $90 while reiterating a Buy rating. The change is modest but positive, signaling slightly improved analyst expectations for KO's fundamentals. This is likely to be a low-to-moderate market impact item rather than a major catalyst.

Analysis

Citi raised its price target on Coca-Cola to $91 from $90 while reiterating a Buy rating. The change is modest but positive, signaling slightly improved analyst expectations for KO's fundamentals. This is likely to be a low-to-moderate market impact item rather than a major catalyst.