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Jefferies Bullish on The Coca-Cola Company (KO) Amid Strong Protein Business Outlook
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The Coca-Cola Company (NYSE:KO) is one of the best stocks to buy for financial stability. The Coca-Cola Company (NYSE:KO) continues to enjoy the confidence of 80% of analysts, who hold bullish ratings on the stock as of March 24, 2026. The $86 consensus price target implies over 15% upside. Recently, The Coca-Cola Company (NYSE:KO) drew attention from analysts at Jefferies, who project easy protein providers to boom amid a consumer shift toward convenient, cost-effective, and high-concentration formats. According to the firm’s analysts, The Coca-Cola Company (NYSE:KO) is among the leading investment opportunities in the protein segment due to its fairlife brand expansion, which they cite as a key growth driver. Elaborating on the outlook for the company’s protein business, the firm’s estimates indicate that Coca-Cola’s distribution network will see an increase of 25% in fairlife supply this year, which will allow the company to explore new channels, including convenience stores and food service outlets, while mitigating crowding risk. Moreover, Jefferies forecasts that The Coca-Cola Company (NYSE:KO)’s North American organic sales may feature over 2 percentage points in contribution from fairlife in 2026. The business is expected to make an additional 1 percentage point contribution in 2027, according to the investment firm. Overall, the business is projected to support the company’s 5% top-line growth outlook. This will be in line with management’s organic sales growth guidance of 4% to 6%, according to Jefferies. The Coca-Cola Company (NYSE:KO) focuses on the manufacturing and marketing of non-alcoholic beverages. While we acknowledge the potential of KO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. Disclosure: None. Follow Insider Monkey on Google News.