BofA Lifts Coca-Cola (KO) Target as Outlook and Execution Remain Strong

NodeGuardian · 2026-02-26T22:08:35+00:00

BofA's Peter Galbo boosted Coca-Cola's price target to $88, maintaining a Buy rating amid leadership changes. Despite recent sales declines, Coca-Cola aims for 4-5% revenue growth by innovating and adapting to consumer trends.

NodeGuardian

2026-02-26 22:08:35

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BofA analyst Peter Galbo raised his price target for Coca-Cola (KO) to $88 from $85, reiterating a Buy rating, citing confidence in the company’s outlook and execution despite upcoming leadership changes and evolving consumer preferences. Coca-Cola aims for 4% to 5% organic revenue growth in 2026 and is adjusting to lower-sugar trends and the impact of weight-loss drugs by focusing on innovation and offering more affordable packaging. New CEO Henrique Braun is expected to accelerate these efforts, though demand in North America and Asia saw declines in the last quarter of 2025.

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