RBC Capital Maintains Outperform on Keurig Dr Pepper, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has maintained an Outperform rating on Keurig Dr Pepper (NASDAQ:KDP) but has lowered the price target from $42 to $41.
February 23, 2024 | 4:19 pm
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RBC Capital has maintained an Outperform rating on Keurig Dr Pepper but lowered the price target from $42 to $41.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a positive outlook on KDP's performance but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on KDP's stock price as the market digests the slight adjustment in the price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100