Morgan Stanley analyst Eric Serotta raised the firm’s price target on Vita Coco (COCO) to $65 from $57 and keeps an Equal Weight rating on the shares. The firm sees “robust fundamental momentum” and upside to FY26 guidance, but along with a balanced risk/reward after the “substantial” stock outperformance over the last twelve months, the analyst tells investors.
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Read More on COCO:
- Geopolitical Tensions Threaten Vita Coco’s Costs, Supply Chain, and Financial Performance
- Vita Coco price target raised to $72 from $60 at BofA
- Vita Coco price target raised to $70 from $59 at Piper Sandler
- Vita Coco reports Q1 EPS 50c, consensus 33c
- Vita Coco raises FY26 revenue view to $720M-$735M from $680M-$700M
