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Why Coca-Cola Stock Got Crushed Today


It's a good news, bad news kind of a day today for investors in Coca-Cola (NYSE: KO). The good news is that one Wall Street analyst raised its price target on Coke stock this morning to a few dollars more than it cost at the end of 2020. The bad news is that a different analyst just downgraded Coca-Cola stock.

And in afternoon trading, the bad news is winning. As of 12:40 p.m. EST, Coke stock is down 5%.

Image source: Getty Images.

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Source Fool.com

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