RBC Capital analyst Nik Modi keeps his Outperform rating and $56 price target on Coca-Cola - his "top mega cap pick" - despite the poor investor sentiment on the stock driven by "rising rates, ETF outflows, and sector rotation". Modi believes that the slowdown in volume growth from 2013 was driven by specific issues around the company's bottler partners and decelerating macro environment, however the more recent data from global bottlers suggest "accelerating share gains, improving emerging market macros, improving local level execution, and more effective marketplace investment". The analyst adds that despite the stock outperforming relative to other staples, it can gain as much as 40% more over the next two years.

Latest data shows the largest indicative borrow rate increases among liquid option names include: Luminar Technologies (LAZR) 21.68% +6.44, Mesoblast (MESO) 145.03% +2.00, iShares S&P National AMT Free Municipal Bond Fund (MUB) 19.65% +1.21, Stellantis NV (STLA) 1.41% +0.98, Veritone (VERI) 40.08% +0.46, ALTC Acquistion Corp (ALCC) 6.05% +0.44, US Global Jets ETF (JETS) 7.23% +0.36, Nokia (NOK) 3.33% +0.27, Annovis Bio Inc (ANVS) 91.57% +0.16, and Coca Cola (KO) 0.41% +0.16.