A powerful breakout in March, following the "deep V" market bottom, drove KO to new highs in April. Last week, it broke from a triangle and appears to be well on its way to achieving a technical target in the high $70s.
S&P has a "five-star strong buy" rating on KO, and Wells Fargo just started coverage of the stock with an "outperform" rating. And Credit Suisse recently raised its 12-month target to $95 from $80.
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