Cowen Initiates Coca-Cola With Market Perform

Analysts at Cowen & Company initiated coverage on Coca-Cola Company (The)

with a Market Perform rating. The target price for Coca-Cola is set to $43. Coca-Cola shares have gained 6.99% over the past 52 weeks, while the S&P 500 index has jumped 16.88% in the same period. Coca-Cola's shares rose 0.10% to close at $41.50 yesterday.