TD Cowen Sticks with Buy Rating on KO Stock

A recent report from TD Cowen maintained a Buy rating on Coca-Cola (KO) stock. Analyst Robert Moskow, who has a 2-star rating and an average return of 0.0%, set a price target of $100.00 for the company.

Moskow covers the Consumer Defensive sector and has previously covered stocks such as McCormick & Company, Procter & Gamble, and Campbell Soup.

In comparison to last year's earnings, Coca-Cola reported a quarterly revenue of $13.38 billion and a net profit of $4.43 billion for the quarter ending July 3. This represents an increase from last year's revenue of $12.54 billion and net profit of $3.81 billion.

However, corporate insider sentiment is negative on the stock, with 71 insiders selling their shares over the past quarter compared to earlier this year.