Citi analyst Filippo Falorni raised the firm’s price target on Coca-Cola (KO) to $91 from $90 and keeps a Buy rating on the shares. Citi sees volume benefits for Coke from this summer’s World Cup. Coca-Cola is an official tournament partner that is executing its largest-ever marketing campaign for the games, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KO:
