Coca-Cola Upgraded to Buy as Analysts See Strong Growth Potential

TD Cowen analysts upgraded Coca-Cola (NYSE:KO) from Hold to Buy while maintaining a price target of $75. This upgrade is motivated by the company’s robust performance across diverse markets and solid long-term growth opportunities, especially in international markets.

Analysts predict a fiscal 2025 organic sales growth of 6%, hitting the upper end of Coca-Cola’s long-term growth projections. This forecast reflects optimism regarding the company’s operational execution, even in the face of temporary challenges.

The recent decline in Coca-Cola’s stock, attributed to fears of a slowdown in volumes and uncertainties regarding trade policies, appears overblown. Coca-Cola is set to benefit from rising global beverage consumption, particularly in high-growth emerging markets.