JPMorgan upgrades Coca-Cola, predicts reopening and higher prices will boost revenue

A shopper scans a case of Coca-Cola Co. soft drinks at a store in Orem, Utah, U.S., on Tuesday, Feb. 9, 2021.
George Frey | Bloomberg | Getty Images

JPMorgan on Monday upgraded shares of Coca-Cola, predicting sales momentum will build into 2022.