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Wells Fargo Turns More Bullish on The Vita Coco Company, Inc. (COCO) with $47 Target

The Vita Coco Company, Inc. (NASDAQ:COCO) is among the most profitable consumer defensive stocks to buy now. Chris Carey, an analyst at Wells Fargo, reiterated his ‘Overweight’ rating on The Vita Coco Company, Inc. (NASDAQ:COCO) while raising the price target to 47from47 from 45, which reflects a potential upside of nearly 10% from the current price level. This 4.44% revision follows a series of positive evaluations for the company, with financials hinting at a positive outlook. Among the many markets rising, ...