UBS has given Coca-Cola a "Buy" rating with a price target of $82 per share. Analyst Peter Grom believes that Coca-Cola's upcoming quarterly results, scheduled for October 23, will show strong growth.
The report highlights the potential for strong performance from Coca-Cola, but also acknowledges the challenges posed by the current market conditions. Investors will be closely watching the upcoming earnings announcement for insights into the company's financial trajectory and strategic outlook.
However, it is uncertain whether Coca-Cola will increase its revenue and earnings targets for the year, as it has done in the past after third-quarter results.