Jefferies Maintains Buy on Keurig Dr Pepper, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Kaumil Gajrawala maintains a Buy rating on Keurig Dr Pepper (NASDAQ:KDP) but lowers the price target from $42 to $41.
October 25, 2024 | 5:23 pm
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NEUTRAL IMPACT
Jefferies analyst Kaumil Gajrawala maintains a Buy rating on Keurig Dr Pepper but lowers the price target from $42 to $41, indicating a slight adjustment in expected valuation.
The maintained Buy rating suggests continued confidence in KDP's performance, but the slight reduction in price target indicates a minor adjustment in expected valuation. This could lead to a neutral short-term impact on the stock price as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100