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Markets · Investing · Business
Finance
Why Coca-Cola Stock Was so Fizzy Today
It was still basking in the afterglow of an impressive quarterly earnings report.
One day after Coca-Cola(NYSE: KO) stock hit an all-time high price, the storied beverage conglomerate repeated the accomplishment on Wednesday. The company's shares inched higher on the back of several bullish new post-earnings analyst takes.
Coca-Cola reported a strong second quarter on Tuesday and, as so often happens following a blowout earnings release, a score of analysts raised their price targets on the stock.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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