JP Morgan Maintains Overweight on Keurig Dr Pepper, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains an Overweight rating on Keurig Dr Pepper (NASDAQ:KDP) but lowers the price target from $41 to $40.
October 25, 2024 | 3:52 pm
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JP Morgan has maintained its Overweight rating on Keurig Dr Pepper but slightly lowered the price target from $41 to $40, indicating a minor adjustment in expectations.
The Overweight rating suggests continued confidence in KDP's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100