Barclays analyst Lauren Lieberman lowered the firm’s price target on Keurig Dr Pepper to $37 from $42 and keeps an Overweight rating on the shares. Keurig reiterated its top and bottom line guidance for 2023, but the coffee miss in Q1 and softened outlook drove a stock selloff, the analyst tells investors in a research note.
Published first on TheFly
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- Keurig Dr Pepper price target lowered to $37 from $42 at Barclays
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