RBC Capital reiterated its Outperform rating and $76 price target on Coca-Cola (NYSE:KO), highlighting the company’s solid global fundamentals and ability to navigate a challenging macroeconomic environment.

The firm expects Coca-Cola to deliver a strong quarter, with robust organic growth both in the U.S. and abroad, particularly in Latin America and EMEA regions. Despite global volatility, Coca-Cola’s pricing power, revenue growth management strategies, and cost-saving initiatives are seen as effective tools to maintain momentum and meet full-year targets.

RBC also noted that improving foreign exchange conditions could help offset some of the tariff-related headwinds impacting the broader consumer sector. With diversified operations and a proven playbook for managing through economic cycles, Coca-Cola remains well-positioned to continue executing on its growth strategy.