Coca-Cola All Set To Report Earnings Today; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

The Coca-Cola Company KO is scheduled to release quarterly results before the opening bell on Feb. 14, 2023.

Analysts expect the company to post quarterly earnings at $0.45 per share, compared to $0.45 per share in the year-ago period. The company’s revenue might come in at $10.02 billion.

Coca-Cola shares rose 1.6% to close at $60.60 on Monday and added 0.5% in today’s pre-market trading session.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Wells Fargo analyst Chris Carey maintained an Overweight rating and raised the price target from $66 to $70 on Dec. 8, 2022. This analyst sees around 15% upside in the company’s stock and has an accuracy rate of 58%.
• Deutsche Bank analyst Steve Powers maintained a Hold rating on Dec. 6, 2022, and increased the price target from $59 to $62. This analyst sees around 2% upside in the company’s stock and has an accuracy rate of 68%.
• Wedbush analyst Gerald Pascarelli initiated coverage on the stock with an Outperform rating and a price target of $63 on Oct. 11, 2022. This analyst sees around 4% upside in the company’s stock and has an accuracy rate of 40%.
• Morgan Stanley analyst Dara Mohsenian maintained an Overweight rating on Oct. 4, 2022, and cut the price target from $74 to $68. This analyst sees around 12% upside in the company’s stock and has an accuracy rate of 72%.
• Credit Suisse analyst Kaumil Gajrawala maintained an Outperform rating on Oct. 3, 2022, and cut the price target from $68 to $64. This analyst sees over 5% upside in the company’s stock and has an accuracy rate of 49%.

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