There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Coca-Cola (KO – Research Report) and Freshpet (FRPT – Research Report) with bullish sentiments.
Coca-Cola (KO)
Wells Fargo analyst Christopher Carey assigned a Buy rating to Coca-Cola yesterday and set a price target of $70.00. The company’s shares closed last Monday at $60.71.
According to TipRanks.com, Carey is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Coca-Cola with a $66.00 average price target, representing a 7.8% upside. In a report issued on February 13, CFRA also maintained a Buy rating on the stock with a $66.00 price target.
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Freshpet (FRPT)
Wells Fargo analyst Marc Torrente maintained a Buy rating on Freshpet yesterday. The company’s shares closed last Monday at $110.12, close to its 52-week high of $112.00.
According to TipRanks.com, Torrente is a 2-star analyst with an average return of
Freshpet has an analyst consensus of Strong Buy, with a price target consensus of $98.63, representing a -9.1% downside. In a report issued on February 16, Oppenheimer also maintained a Buy rating on the stock with a $115.00 price target.
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Read More on KO:
- Buffett says American Express, Coke holdings likely ‘untouched’ in 2024
- 3 Passive Income Stocks You Can Consider Buying Today
- Coca-Cola increases quarterly dividend 5.4% to 48.5c per share
- Berkshire Hathaway boosts Chevron position, cuts HP and Apple stakes
- Coca-Cola price target raised to $66 from $64 at JPMorgan
