BofA Raises Coca-Cola (KO) Target as 2026 Consumption Growth Remains Unclear

Group 1 - The Coca-Cola Company (NYSE:KO) is recognized as one of the 14 Best Dividend Aristocrats to invest in as 2026 approaches [1] - BofA analyst Peter Galbo raised the price target for Coca-Cola to $85 from $80, maintaining a Buy rating, while noting that consumption growth remains uncertain for 2026 [2] - Organic sales for Coca-Cola increased by 6% in Q3 2025, up from 5% growth in Q2 2025, indicating steady performance in its core business [3] Group 2 - Coca-Cola has appointed Henrique Braun as the next CEO, effective March 31, 2026, reflecting a strategy focused on expanding into new markets and adapting to evolving consumer preferences [4] - Braun's long tenure with Coca-Cola since 1996 suggests continuity in leadership, which is important for stability as broader markets may face challenges in 2026 [5] - Coca-Cola is a global leader in the beverage industry, manufacturing and selling a diverse range of drinks worldwide [5]