The distribution CAGR is running at 3.5%, which isn’t enough to offset inflation in 2023; competitor PepsiCo (NASDAQ: PEP) is in similar shape but able to grow its dividend by more than the pace of inflation for a similar valuation. The Coca-Cola Company’s (NYSE: KO) Q2 results suggest that it can bubble to new highs in 2023, but there is at least 1 headwind for the market that could keep it from moving higher. 13 of whom rate the stock a firm Moderate Buy, aren’t gushing with excitement, and their price target activity is unlikely to spur a rally.