Wells Fargo raised the firm’s price target on Keurig Dr Pepper to $41 from $39 and keeps an Overweight rating on the shares. The firm says that with innovation now out in USRB, Coffee stable, and a free cash flow buffer to boot, it sees a unique setup with catalysts.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KDP:
- Keurig Dr Pepper Strengthens National Direct-Store-Delivery Operations with Acquisition of Strategic Assets from Kalil Bottling Company
- Keurig Dr Pepper acquires strategic assets from Kalil Bottling Company, no terms
- Keurig Dr Pepper set to get caffeine boost, Barron’s says
- Keurig Dr Pepper Declares Quarterly Dividend
- VDC: Strong and Steady Consumer Staples ETF