Shares of Coca-Cola Co (NYSE:KO) were last seen down 0.6% to trade at $66.06, after the company was issued a price-target cut from Wells Fargo to $75 from $78. While the beverage name has been struggling of late, the stock is still up 6.1% in 2025, and looks to be within one standard deviation of a historically bullish trendline.
The equity is holding near its 24-month moving average, a trendline it has closed above in 80% of the last 20 months. According to Schaeffer’s Senior Quantitative Analyst Rocky White, this has happened 14 times over the last 20 years, after which the equity was higher one month later 71% of the time, averaging a 4.2% jump. A move of similar magnitude from the stock's current perch would put it above $68.
Options traders are pricing in relatively low volatility expectations, per the shares' Schaeffer's Volatility Index (SVI) of 17%, which ranks in the 14th percentile of readings from the past 12 months.
