Keurig Dr Pepper price target lowered to $37 from $41 at Citi

Citi analyst Filippo Falorni lowered the firm’s price target on Keurig Dr Pepper (KDP) to $37 from $41 and keeps a Buy rating on the shares. The firm updated models in the beverages and home and personal care group. Citi favors non-alcoholic beverages to the personal care and beverage alcohol sectors. The analyst’s top pick is now Celsius (CELH), followed by Monster Beverage (MNST) and Coca-Cola (KO).