12:30 PM EDT, 10/21/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We maintain our 12-month target of $80, based on a 2026 P/E of 25x, a slight premium to KO's historic average multiples. We increase our 2025 adjusted EPS estimate to $3.05 from $3.04, keep 2026 at $3.20, and set 2027 at $3.40. Following much better-than-expected Q3 results, we are reiterating our Buy rating on shares of KO. The beat resulted from stronger-than-expected sales and margins, as net sales rose 5.1% to $12.46B ($40M ahead of consensus) and gross margin expanded 80 bps to 61.5% (20 bps ahead of consensus). We think the KO investment case remains intact, with its global brand value and less unfavorable currency impacts supporting earnings growth in the face of various market headwinds facing most soft drinks and packaged food companies. In our view, KO continues to boast compelling total return potential and its multiples are warranted given its strong track record of execution (its last quarterly earnings miss was in Q1 2017), S&P Dividend Aristocrat status, and growth from brands such as fairlife.