Vita Coco price target raised to $58 from $54 at Jefferies

Jefferies raised the firm’s price target on Vita Coco (COCO) to $58 from $54 and keeps a Buy rating on the shares, noting that various tropical fruits and fruit juices are exempt from the 10% global tariff and coconut water is on that list. Combined with shelf space gains via Walmart’s (WMT) Modern Hydration aisle in 2026, the firm sees tariff relief as “another major catalyst for Vita Coco,” the analyst tells investors.