Wells Fargo Lowers Coca-Cola Price Target to $75, Keeps Overweight Rating

GuruFocus.com12-04

Coca-Cola (KO, Financial) received a price-target downgrade from Wells Fargo analysts. The firm cut its price target to $75.00 from $78.00. Meanwhile, the brokerage side remained enthusiastic, giving ...

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Meanwhile, the brokerage side remained enthusiastic, giving ...</p>\n\n<a href=\"https://finance.yahoo.com/news/wells-fargo-lowers-coca-cola-165532466.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","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>Wells Fargo Lowers Coca-Cola Price Target to $75, Keeps Overweight Rating</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\">\nWells Fargo Lowers Coca-Cola Price Target to $75, Keeps Overweight Rating\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-04 00:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/wells-fargo-lowers-coca-cola-165532466.html><strong>GuruFocus.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coca-Cola (KO, Financial) received a price-target downgrade from Wells Fargo analysts. The firm cut its price target to $75.00 from $78.00. Meanwhile, the brokerage side remained enthusiastic, giving ...</p>\n\n<a href=\"https://finance.yahoo.com/news/wells-fargo-lowers-coca-cola-165532466.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://finance.yahoo.com/news/wells-fargo-lowers-coca-cola-165532466.html","article_id":"2488192510","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/I.B0tseiP6CzXShWFkzvpA--~B/aD00MDA7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/215c6cacf24dea95ec21926c6930b768"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488192510","pubTimestamp":1733244932,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Coca-Cola  received a price-target downgrade from Wells Fargo analysts. The firm cut its price target to $75.00 from $78.00. Meanwhile, the brokerage side remained enthusiastic, giving an overweight rating. This comes hot on the heels of various upgrades made to the beverage giant by various analysts. Morgan Stanley has recently decreased its PT from $ 78.00 to $ 76.00, but the rating has remained overweight.' Even with these cuts, the overall recommendation for Coca-Cola stocks is a moderate buy' while the average price targets set for the stock stand at $72.14.Truist Financial Bank went against the tide with a bull rating, increasing the target to $80.00 from $70.00. Barclays, on the other hand, chopped the target from $74.00 to $73.00. Back in late September, HSBC Global Research upgraded Coca-Cola as a strong buy,' meaning its positive outlook has remained firm no matter the mixed feelings.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["rate","earning"],"viewcount":null,"language":"en","relate_stocks":{"KO":"可口可乐"},"translate_title":"富国银行将可口可乐目标价下调至75美元，维持跑赢大盘评级","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KO":1},"content_text":"Coca-Cola (KO, Financial) received a price-target downgrade from Wells Fargo analysts. The firm cut its price target to $75.00 from $78.00. Meanwhile, the brokerage side remained enthusiastic, giving an overweight rating. This comes hot on the heels of various upgrades made to the beverage giant by various analysts. Morgan Stanley has recently decreased its PT from $ 78.00 to $ 76.00, but the rating has remained overweight.' Even with these cuts, the overall recommendation for Coca-Cola stocks is a moderate buy' while the average price targets set for the stock stand at $72.14.\n\nTruist Financial Bank went against the tide with a bull rating, increasing the target to $80.00 from $70.00. Barclays, on the other hand, chopped the target from $74.00 to $73.00. Back in late September, HSBC Global Research upgraded Coca-Cola as a strong buy,' meaning its positive outlook has remained firm no matter the mixed feelings.\nThe options activity has provided mixed signals. According to recent transactions, selling prices suggest renewed buying attention within the $55 to $75 trading zone. Market professionals have been both longs and shorts, and this is due to market indecision concerning the short-term future direction of the stock.\nIt is, therefore, clear that the adjustments in the intended price of Coca-Cola and its total market performance are reality lessons in maneuvering the twists and turns of consumers' demand across the globe, the social force of competition and inflation. Earnings and strategies in the future financial periods will be important in the investors' decision-making process as to whether or not the brand can sustain the current vulnerability within the more unpredictable economic landscape.This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"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/2488192510"}