Reported 2 days ago
Wells Fargo has become more optimistic about The Vita Coco Company, Inc. (COCO), increasing its price target from $45 to $47, indicating a potential upside of nearly 10%. Analyst Chris Carey reaffirmed an 'Overweight' rating based on the company's strong performance in coconut water sales and positive financial outlook, despite mentioning that there are other AI stocks with potentially greater returns.
Source: YAHOO