Coca-Cola Europacific price target raised to $115 from $110 at Wells Fargo
Wells Fargo raised the firm's price target on Coca-Cola Europacific to $115 from $110 and keeps an Overweight rating on the shares. The firm cites improving visibility on summer 2026 revenue trends, prospects for accelerating top-line growth into 2027, partly on inflation-justified pricing, resilient profit growth amid inflation, and the positive lift this will have on the story amid some debate on both metrics in a volatile macro backdrop.
Wells Fargo raised the firm's price target on Coca-Cola Europacific to $115 from $110 and keeps an Overweight rating on the shares.
The firm cites improving visibility on summer 2026 revenue trends, prospects for accelerating top-line growth into 2027, partly on inflation-justified pricing, resilient profit growth amid inflation, and the positive lift this will have on the story amid some debate on both metrics in a volatile macro backdrop.