Coca-Cola Can Adapt Despite Pullback In Consumer Spending, Says Analyst

Goldman Sachs analyst Bonnie Herzog has maintained a Neutral rating on Coca-Cola Co (NYSE: KO) with a $65 price target. Despite challenges like inflation, KO's "all-weather" strategy remains effective. The company's adaptability, especially in developing markets, and a focus on affordability are key to maintaining growth, despite some pullback in consumer spending, Herzog notes.