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Coca-Cola price target raised to $90 from $88 at BofA

BofA raised the firm’s price target on Coca-Cola (KO) to $90 from $88 and keeps a Buy rating on the shares after the company delivered “impressive” 10% organic sales growth in Q1. Given the better than expected Q1 and lower year to go tax rate, the firm raised its FY26 EPS estimate to $3.27 from $3.23, the analyst noted.

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