Coca-Cola (NYSE:KO) Price Target and Financial Performance Overview

Core Insights - Coca-Cola is a leading beverage company with a diverse portfolio, including Coca-Cola Zero Sugar and Fuze Tea, competing with giants like PepsiCo and Nestlé in the nonalcoholic ready-to-drink segment [1] Financial Performance - Evercore ISI set a price target of $82 for Coca-Cola, indicating a potential upside of 15.14% from its current trading price of $71.22, supported by strong financial performance [2][6] - Coca-Cola's revenue grew by 5% year-over-year, reaching $12.5 billion, driven by price increases and a 1% rise in unit case volume [3] - The company's comparable operating margin improved to 31.9% from 30.7% in the previous year, with adjusted earnings per share rising by 6% to $0.82, surpassing Wall Street's expectations [4][6] Market Position - Coca-Cola's market capitalization is approximately $306.5 billion, with a trading volume of 33.6 million shares on the NYSE, indicating resilience in the competitive beverage industry [5]