KO rose in pre-market trading alongside PEP, KDP and MNST after Coca-Cola reported third-quarter results and raised full-year guidance on October 27. source UBS, Morgan Stanley and Wells Fargo also raised their price targets following the results. sourcesourcesource The gain came despite a weaker broad equity tape, with the move concentrated in beverage and staples peers.
KO rose in pre-market trading alongside PEP, KDP and MNST after Coca-Cola reported third-quarter results and raised full-year guidance on October 27. source UBS, Morgan Stanley and Wells Fargo also raised their price targets following the results. sourcesourcesource The gain came despite a weaker broad equity tape, with the move concentrated in beverage and staples peers.