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Barclays Sticks to Their Buy Rating for Keurig Dr Pepper (KDP)

Barclays Sticks to Their Buy Rating for Keurig Dr Pepper (KDP)

In a report released today, Lauren Lieberman from Barclays maintained a Buy rating on Keurig Dr Pepper (KDPResearch Report), with a price target of $38.00. The company’s shares closed last Friday at $34.40.

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According to TipRanks, Lieberman is a 4-star analyst with an average return of 2.2% and a 53.89% success rate. Lieberman covers the Consumer Defensive sector, focusing on stocks such as PepsiCo, Colgate-Palmolive, and Church & Dwight.

In addition to Barclays, Keurig Dr Pepper also received a Buy from HSBC’s Sorabh Daga in a report issued on April 25. However, on the same day, Truist Financial maintained a Hold rating on Keurig Dr Pepper (NASDAQ: KDP).

KDP market cap is currently $46.72B and has a P/E ratio of 31.16.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is neutral on the stock. Last month, Angela Stephens, the SVP & Controller of KDP sold 7,350.00 shares for a total of $251,149.50.

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