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Keurig Dr Pepper price target raised to $30 from $26 at Barclays

Barclays analyst Lauren Lieberman raised the firm’s price target on Keurig Dr Pepper (KDP) to $30 from $26 and keeps an Equal Weight rating on the shares following the investor day. The company’s updates around financing and post-separation capital structure proved more constructive than expected, the analyst tells investors in a research note.

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