Vita Coco (COCO) Soars on Tariff Relief and BofA Upgrade as Stock Hits New High – 17 November 2025
Vita Coco shares hit a record $48.86 on Monday after the White House exempted coconut water from new U.S. reciprocal tariffs, slashing the company’s average tariff rate from 23% to 6%. Bank of America upgraded the stock to Buy and raised its price target to $54. Q3 net sales rose 37% to $182 million. As of late trading, COCO shares were around $47–48.