Coca-Cola price target raised to $88 from $87 at Piper Sandler

Piper Sandler raised the firm’s price target on Coca-Cola (KO) to $88 from $87 and keeps an Overweight rating on the shares. The firm says the company had a strong start to 2026, as its brand insights, innovation, intimacy with consumers and integrated execution delivered strong results. Macro uncertainty remains a key consideration for investors, but it looks well-positioned so far, though consumers in its business in the Middle East are under some pressure, adds Piper.