Overview
- Coca-Cola shares set a new high near $82 after a wave of analyst price-target increases.
- UBS moved its target to $92, Citigroup to $91, BofA to $90, and Piper Sandler to $88, each keeping bullish ratings.
- The stock’s move followed a first quarter that beat forecasts with 10% organic sales growth, 3% unit-case volume gains, and wider operating margins.
- Some researchers flag valuation risk, noting the price sits about 15% above the GuruFocus GF Value of $70.35, an intrinsic-value gauge based on past performance.
- Investors are also watching $61.7 million of recent insider sales and ongoing cost and Asia-Pacific pressures that could squeeze margins.