Coca-Cola Stock in a Sticky Spot Ahead of Earnings

Group 1 - Coca-Cola Co's stock increased by 0.6% to $69.66 following President Trump's announcement about the use of cane sugar in beverages, although the company did not confirm this news [1] - The stock is expected to remain in focus as it prepares to report second-quarter earnings on July 22, with the options market indicating a larger-than-usual post-earnings move of 3.6% [2] - Year-to-date, Coca-Cola shares have risen by 11.9%, making it the 12th-best performer in the Dow, with support at the 200-day moving average [3] Group 2 - Analysts maintain a positive outlook on Coca-Cola, with 22 out of 23 brokerages rating it as "buy" or better, and a consensus 12-month price target of $77.91, representing a nearly 12% upside from the current price [5]