Coca-Cola (KO) is well-positioned amid continuing uncertainty in the market over the 澳洲幸运5官方开奖结果体彩网:Trump administration's tariffs, JPMorgan analysts said in a Monday note.

The analysts lifted their price target to $78 from $74 previously, keeping their 澳洲幸运5官方开奖结果体彩网:"overweight" rating in a note previewing the soda maker's first-quarter results, which are set to be released on April 29. The new price target brings JPMorgan analysts closer to the 澳洲幸运5官方开奖结果体彩网:analyst consensus of $78.58 compiled by Visible Alpha, as 💜they are among 11 other analysts with a "buy" rating, while just one has a "hold" rating on the stock.

"While KO is not immune to tariffs and macro headwinds, it is a relatively more defensive stock that will likely deliver among the highest [澳洲幸运5官方开奖结果体彩网:organic sales growth] in our coverage universe in 2025," the JꦚPMorgan analysts wrote.

Analysts See 'Moderating Consumption Environment' in US

They lowered their estimates for Coca-Cola's first-quarter and full-year earnings and sales growth due to a "moderating consumption environment in the U.S.," which they expect to be partially offset by a 澳洲幸运5官方开奖结果体彩网:softening dollar.

The company has relatively limited exposure risk to tariffs, as the analysts said Coca-Cola's largest risks are likely imported fruit juice and aluminum. They said Coca-Cola's management "doesn't seꦜe a potential impact" from possible aluminum inflation that could "derail its outlook."

Noting the 澳洲幸运5官方开奖结果体彩网:consumer staple market will be "highly dependent onꦐ the macro and tariff situation," the analysts said that "if the current environment continues, we believe KO will continue to outperform peers and the broader market.”

澳洲幸运5官方开奖结果体彩网:Coca-Cola shares were down less than 1% to $72.77 at Monday's close amid a 澳洲幸运5官方开奖结果体彩网:broader market sell-off. They have gained 16% since the start of thꦅe year.