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Here's One Reason Coca-Cola (KO) Stock is Advancing Today

NEW YORK (TheStreet) -- The Coca-Cola Co. (KO - Get Report) shares are gaining 0.36% to $41.16 on Tuesday following a positive analyst note by Wells Fargo, Barron' reports.

Analysts are bullish on Coca-Cola following PepsiCo's (PEP) strong third quarter fiscal 2015 earnings results.

For the recent quarter, PepsiCo reported earnings of $1.35 cents a share on revenue of $16.33 billion.

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Analysts had expected the company to earn $1.27 a share on revenue of $16.22 billion.

Specifically, strong beverage results in North America may support Coca-Cola's third quarter results, Barron' added.

Based in Atlanta, Coca-Cola manufactures and distributes various nonalcoholic beverages worldwide.

Separately, TheStreet Ratings team rates COCA-COLA CO as a Buy with a ratings score of B. TheStreet Ratings Team has...