BofA Raises Coca-Cola Price Target to $90 on 10% Organic Growth: Is the Defensive King Back in Vogue?

Bank of America raised its Coca-Cola price target to $90 from $88 and reiterated a Buy rating after the company posted an impressive 10% organic sales growth in Q1 2026. The note signals continued confidence in Coke’s fundamentals and near-term execution. The update is supportive for KO shares, though the impact is likely limited to stock-specific sentiment rather than broader market action.

Analysis

Bank of America raised its Coca-Cola price target to $90 from $88 and reiterated a Buy rating after the company posted an impressive 10% organic sales growth in Q1 2026. The note signals continued confidence in Coke’s fundamentals and near-term execution. The update is supportive for KO shares, though the impact is likely limited to stock-specific sentiment rather than broader market action.