Morgan Stanley analyst Eric Serotta raised the firm’s price target on Vita Coco (COCO) to $49 from $45 and keeps an Equal Weight rating on the shares. The firm is raising its FY26-27 adjusted EBITDA estimates by about 6% to reflect Friday’s Executive Order excluding coconut water among other agricultural products from reciprocal tariffs, but sees this being offset to an extent by more muted pricing assumptions.
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