While the reduction in price target from $37 to $35 by Jefferies could suggest a slightly less optimistic outlook on Keurig Dr Pepper's short-term price potential, the maintenance of a Buy rating indicates a continued positive view on the company's fundamentals and growth prospects. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the reaffirmed confidence in the company's performance.