Weekly Recap | Coca Cola -0.05%, most brokers rate it buy
Weekly Review·
- Coca-Cola shares closed the week down 0.05% at 88.25 USD, outperforming the S&P 500 while seeing a 3.17% weekly amplitude.
- Key events involved the upcoming dividend payout, a 10 billion USD US infrastructure investment plan through 2030, and a 1 billion USD investment welcomed in Nigeria.
- Most covered institutions maintained a buy rating with a consensus target price of 94.70 USD, while UBS highlighted its defensive positioning amid market volatility.