Morgan Stanley hikes Coca-Cola price target, says market is underestimating post-pandemic recovery

CNBC2021-06-04

Coca-Cola is poised to beat estimates this year and that will create additional upside for the stock, according to Morgan Stanley. Analyst Dara Mohsenian reiterated his overweight rating on the stock ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Gougou
2021-06-07
Gougou
It is a good investment choice
RC_ADRIC
2021-06-05
RC_ADRIC
Like and comment
Will101
2021-06-04
Will101
Coke is it! ?
Khoo12
2021-06-04
Khoo12
Yes
- MayTan:
  Noted
RexChuah
2021-06-04
RexChuah
Comment and like please
- RexChuah:
  Co...
- Joana:
  Nice
- RC_ADRIC:
  Like and comment
Dash2897
2021-06-04
Dash2897
Ape together strong

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1170841889?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-04 19:33","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1170841889","market":"us","top_or_hot":-1,"title":"Morgan Stanley hikes Coca-Cola price target, says market is underestimating post-pandemic recovery","media":"CNBC","content":"<div>\n<p>Coca-Cola is poised to beat estimates this year and that will create additional upside for the stock, according to Morgan Stanley.\nAnalyst Dara Mohsenian reiterated his overweight rating on the stock ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/04/coca-cola-stock-morgan-stanley.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Morgan Stanley hikes Coca-Cola price target, says market is underestimating post-pandemic recovery</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMorgan Stanley hikes Coca-Cola price target, says market is underestimating post-pandemic recovery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/04/coca-cola-stock-morgan-stanley.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coca-Cola is poised to beat estimates this year and that will create additional upside for the stock, according to Morgan Stanley.\nAnalyst Dara Mohsenian reiterated his overweight rating on the stock ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/04/coca-cola-stock-morgan-stanley.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"KO","symbol_name":"可口可乐","start_time":0,"source_url":"https://www.cnbc.com/2021/06/04/coca-cola-stock-morgan-stanley.html","article_id":"1170841889","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/06/04/coca-cola-stock-morgan-stanley.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1170841889","pubTimestamp":1622806424,"columns":[],"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"Coca-Cola is poised to beat estimates this year and that will create additional upside for the stock","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"KO":"可口可乐"},"translate_title":"摩根士丹利上调可口可乐目标价格称市场低估了疫情后的复苏","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KO":0.9},"content_text":"Coca-Cola is poised to beat estimates this year and that will create additional upside for the stock, according to Morgan Stanley.\nAnalyst Dara Mohsenian reiterated his overweight rating on the stock and hiked the price target to $64 per share from $60. Mohsenian said in a note to clients on Thursday evening that other analysts were underestimating Coke’s recovery from the pandemic.\n“Short term, we see a well-above consensus post-COVID topline/EPS recovery ahead; longer term, a return to pre-COVID outsized sales growth vs. peers, improved execution under a reorganization, and higher margins with productivity and lower marketing spending,” the note said.\nThe firm’s new price target for Coca-Cola is 15% above where the stock closed on Thursday and is the second highest on Wall Street, according to FactSet.\nOther analysts appear to believe the beverage company’s post-pandemic rebound will significantly lag its competitors, according to Morgan Stanley.\n“The 35% estimated recovery embedded in consensus seems way too low relative to: (1) Q1 2021 revenue (ex days/FX/structural differences) already being back to 2019′s $ level, (2) other CPG COVID-impacted peers recovery consensus estimates more in the 70-80% range,” the note said.\nIn April, Coke reported first-quarter results that beat expectations on the top and bottom lines. The company’s stock has gained just 1.5% year to date.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":115244751,"gmtCreate":1623019545973,"gmtModify":1704194277527,"author":{"id":"3584298890253430","authorId":"3584298890253430","name":"Gougou","avatar":"https://static.tigerbbs.com/868ee89bc4bdc69e9125077c237ad0ea","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584298890253430","authorIdStr":"3584298890253430"},"htmlText":"It is a good investment choice&nbsp;","listText":"It is a good investment choice&nbsp;","text":"It is a good investment choice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115244751","repostId":1170841889,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":112997265,"gmtCreate":1622841483157,"gmtModify":1704192148696,"author":{"id":"3574743613224710","authorId":"3574743613224710","name":"RC_ADRIC","avatar":"https://static.tigerbbs.com/ff53482947c23ec372fe52411816b015","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574743613224710","authorIdStr":"3574743613224710"},"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/112997265","repostId":1170841889,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116499669,"gmtCreate":1622814488351,"gmtModify":1704191727820,"author":{"id":"3585476489553693","authorId":"3585476489553693","name":"Will101","avatar":"https://static.tigerbbs.com/0642b9beaee6b15c17a213aafa7b9791","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3585476489553693","authorIdStr":"3585476489553693"},"htmlText":"Coke is it! ?","listText":"Coke is it! ?","text":"Coke is it! ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116499669","repostId":1170841889,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116590985,"gmtCreate":1622809483947,"gmtModify":1704191583756,"author":{"id":"3564738902623228","authorId":"3564738902623228","name":"Khoo12","avatar":"https://static.tigerbbs.com/a1637796379aeed1538616117eb09330","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3564738902623228","authorIdStr":"3564738902623228"},"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/116590985","repostId":1170841889,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4588039,"gmtCreate":1622859458891,"gmtModify":1663227993630,"authorId":3573019619191060,"author":{"id":3573019619191060,"idStr":"3573019619191060","authorId":3573019619191060,"name":"MayTan","avatar":"https://static.tigerbbs.com/808e2dbe5d70103ebf181c1496a31644","vip":1,"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":116590985,"type":1,"supId":0,"prevId":0,"content":"Noted","text":"Noted","html":"Noted"}],"langContent":"EN"},{"id":116507975,"gmtCreate":1622809411597,"gmtModify":1704191582777,"author":{"id":"3581973369158219","authorId":"3581973369158219","name":"RexChuah","avatar":"https://static.tigerbbs.com/a23f878e37c5d6c2d9ea1558710f63f3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581973369158219","authorIdStr":"3581973369158219"},"htmlText":"Comment and like please&nbsp;","listText":"Comment and like please&nbsp;","text":"Comment and like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/116507975","repostId":1170841889,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4594804,"gmtCreate":1622913802648,"gmtModify":1663228023035,"authorId":3581973369158219,"author":{"id":3581973369158219,"idStr":"3581973369158219","authorId":3581973369158219,"name":"RexChuah","avatar":"https://static.tigerbbs.com/a23f878e37c5d6c2d9ea1558710f63f3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":116507975,"type":1,"supId":0,"prevId":0,"content":"Co...","text":"Co...","html":"Co..."},{"id":4579980,"gmtCreate":1622812140105,"gmtModify":1663227957250,"authorId":3574856705314352,"author":{"id":3574856705314352,"idStr":"3574856705314352","authorId":3574856705314352,"name":"Joana","avatar":"https://static.tigerbbs.com/880f19051005b7f5bc8ca7070339a3e9","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":116507975,"type":1,"supId":0,"prevId":0,"content":"Nice ","text":"Nice ","html":"Nice "},{"id":4583911,"gmtCreate":1622841499346,"gmtModify":1635336828243,"authorId":3574743613224710,"author":{"id":3574743613224710,"idStr":"3574743613224710","authorId":3574743613224710,"name":"RC_ADRIC","avatar":"https://static.tigerbbs.com/ff53482947c23ec372fe52411816b015","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":116507975,"type":1,"supId":0,"prevId":0,"content":"Like and comment","text":"Like and comment","html":"Like and comment"}],"langContent":"EN"},{"id":116505355,"gmtCreate":1622809272477,"gmtModify":1704191580335,"author":{"id":"3574984019579159","authorId":"3574984019579159","name":"Dash2897","avatar":"https://static.tigerbbs.com/2ee75b01ecb536302d12eab10806834c","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574984019579159","authorIdStr":"3574984019579159"},"htmlText":"Ape together strong","listText":"Ape together strong","text":"Ape together strong","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116505355","repostId":1170841889,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":25,"commentSize":12,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1170841889"}