BofA Lifts Coca-Cola Target to $100 After Strong Quarter

Bank of America raised its price target on Coca-Cola to $100 from $95 and reiterated its Buy rating, calling the 107-year dividend payer attractively valued after a strong second-quarter report.

Coca-Cola's Q2 results showed net revenue up 7% to $13.4 billion and earnings per share up 11% to $0.97. The company also raised its full-year outlook, now projecting 5% organic revenue growth and 9% to 10% EPS growth for 2026.

Shares closed at $87.10 on Monday, leaving roughly 15% upside to the new target. The stock's steady performance has stood out in a market where defensive consumer names have lagged the tech-led rally.