JP Morgan Raises Coca-Cola Price Target to $98 per Share
JP Morgan lifted its Coca-Cola price target to $98 from $95 and kept its Overweight rating. Dow Jones Newswires reports, citing Benzinga data.
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what happened
Analysts at JP Morgan raised their price target on Coca-Cola (KO) to $98 per share from $95. The Overweight rating was kept unchanged. Dow Jones Newswires reports this, citing Benzinga, with the publication timed at 19:14 GMT on October 28, 2026.
why it matters
A price target revision is a routine event: it reflects the bank's updated valuation and rarely moves the stock of a large company by itself. For investors, the bigger question is how the shares respond to earnings and broader market sentiment.
tags
instruments
sources
- Coca-Cola Is Maintained at Overweight by JP Morgan — Dow Jones Newswires, 28 October 2026 at 19:14 UTC
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