Coca-Cola Company (NYSE:KO) gained in early trading on Thursday after Jefferies upgraded the beverage stock to a Buy rating after having it slotted at Neutral. Analyst Kaumil Gajrawala said that the Coca-Cola (NYSE:KO) business is in great shape.

Fintel reports that on January 30, 2025, Jefferies upgraded their outlook for Coca-Cola (NYSE:KO) from Hold to Buy. Analyst Price Forecast Suggests 16.81% Upside As of January 29, 2025, the average one-year price target for Coca-Cola is $73.

Coca-Cola products in Belgium, Luxembourg and the Netherlands have been recalled after being discovered to have "high chlorate content," the company said.

A range of Coca-Cola products are being recalled in the UK after the firm's bottling partner said it had identified "elevated levels" of a chemical called chlorate. Cans of Coca-Cola Original Taste, Coca-Cola Zero Sugar,

Coca-Cola has recalled some of its soft drinks in Europe after higher-than-normal levels of a chemical called chlorate were detected in bottles and cans at a Belgian production plant.