JPMorgan Chase & Co. Lowers CocaCola Stock Price Expectations
JPMorgan Chase & Co. analysts have revised their expectations for CocaCola (NYSE:KO) stock price, lowering it from $96.00 to $95.00 in a recent research report.
The firm currently has an 'overweight' rating on the stock and believes that it could potentially rise by 8.66% from its previous close of $87.43.
This is not the first time analysts have revised their expectations for CocaCola's stock price. In July, Royal Bank Of Canada increased its target price from $87.00 to $96.00 and gave the company an 'outperform' rating.