Keurig Dr Pepper set to get caffeine boost, Barron’s says

Shares of Keurig Dr Pepper (KDP), at $34.27, have gained just 2.9% this year, underperforming the stocks of larger rivals Coca-Cola (KO) and PepsiCo (PEP), which are both up about 7%. But that could soon change as new management looks to shake up its underperforming coffee business, Paul R. La Monica writes in this week’s edition of Barron’s. New CEO Tim Cofer is expected to push some coffee initiatives started by his predecessor, Bob Gamgort, intended to reignite growth in the business. New partnerships could also give the Keurig unit a lift, the author says.