Wells Fargo initiates Coca-Cola with a Overweight rating on sales upside

STA Research
by: STA Research

Wells Fargo analyst,  Chris Carey initiated the firm’s coverage of Coca-Cola with an Overweight rating and $62 target on the stock.  Carey believes the company has a possible sales upside of $1.3 billion and a 10 percent increase in profit.

STA Research has a average target of $55.25 and a consensus Strong Buy rating on the stock.

STA’s analysis of the stock is Neutral with a score of 4.6 out of 10, where 0 is very bearish and 10 very bullish.


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