Leading soft-drink beverage giant Coca-Cola (NYSE: KO) has received a ‘buy’ rating from Morgan Stanley, Citi, and other Wall Street analysts predicting the stock would soar much higher. KO is displaying bullish sentiments in 2026 as it spiked nearly 14% year-to-date. At Wednesday’s closing bell, KO rose by 2.33% and hit a yearly high of $79, despite the company missing its Q4 revenue estimates.
However, to offset the revenue dip, the beverage giant has increased prices this quarter, causing consumers to bear the losses. The company raised prices by 4% in North America and 1% globally. Its new addition, Coca-Cola Zero Sugar, was its top performer as sales increased by 13%. Wall Street remains confident that Coca-Cola stock could surge in value due to its discretionary spending.
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Coca-Cola Stock Price Target Revised To $87
Morgan Stanley’s equity research analyst Dara Mohsenian upgraded his stock price target for Coca-Cola stock. The analyst had previously predicted that KO would reach a high of $81. Mohsenian has now revised the target, giving KO a bullish forecast of $87. That’s an uptick of nearly 11% from its current price of $78.60.
Citi’s equity research analyst Filipo Falorni also remains bullish on Coca-Cola’s stock prospects. The analyst was the first to predict that KO would climb above the $75 mark. After achieving the prediction, he revised the 12-month target to $87, which is similar to that of Morgan Stanley’s. The beverage titan remains on the positive side of the investment management firm.
Lastly, TD Cowen’s Managing Director, Robert Moscow, also revised his Coca-Cola price prediction. His previous forecast stood at $80, and he has now revised it to $85. Therefore, all three analysts remain bullish on KO’s prospects, having an overall positive outlook. An investment of $1,000 could turn into $1,110 if the price prediction turns out to be accurate.
