Stocks
Coca-Cola Shares Soar to New 12-Month High Amid Analyst Optimism
Coca-Cola shares reached a new 12-month high of $91.23 on Thursday, trading at $90.94 with a volume of 2,704,421 shares.
This milestone follows a series of analyst reports, including one from Seaport Research Partners setting a price target of $95.00 and Weiss Ratings reiterating a 'buy' rating.
Barclays increased its price target on Coca-Cola to $93.00, while Piper Sandler upped their target price to $95.00 and gave the company an 'overweight' rating.