In a report released today, Robert Moskow from TD Cowen maintained a Buy rating on Coca-Cola, with a price target of $80.00.
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Robert Moskow has given his Buy rating due to a combination of factors that highlight Coca-Cola’s resilience and strategic execution. The company’s third-quarter results exceeded expectations, with organic sales and earnings per share surpassing forecasts, which alleviated concerns about potential volume pressures from challenging economic conditions. Coca-Cola’s ability to adapt its “all-weather” business model to regional challenges was a key factor in this success, demonstrating strong execution and strategic flexibility.
Moreover, Coca-Cola’s management has shown effective strategies in marketing, innovation, and affordability, leading to market share growth in most regions. Despite external challenges, such as the upcoming soda tax in Mexico, the company is expected to maintain its growth trajectory. Additionally, Coca-Cola has significant potential for earnings per share growth in 2026, supported by operating margin expansion and strategic reinvestments in growth areas. These factors collectively underpin Robert Moskow’s positive outlook and Buy rating for Coca-Cola’s stock.
In another report released today, UBS also maintained a Buy rating on the stock with a $82.00 price target.