Coca cola stock price forecast is boosted by a favorable shift in

Coca Cola stock price forecast is boosted by a favorable shift in consumer spending trends toward established, trusted brands during economic slowdowns. The previous big move we wrote about was 15 days ago when the stock gained 2.9% on the news that investors scooped up equities, shaking off the initial concerns inferred from the Fed's dot plot, with tech stocks leading the charge. However, this strong performance has led to share price becoming more expensive relative to the wider market. Coca Cola stock price forecast gains credibility from consistent quarterly beats on EPS forecast, averaging 4% above consensus for the past five quarters.