Wells Fargo raised the firm’s price target on Keurig Dr Pepper (KDP) to $35 from $33 and keeps an Overweight rating on the shares. The firm believes debates will remain loud as it thinks the name has much to prove. With that said, Wells argues that Keurig Dr Pepper may intrigue just a touch more after solid core results, and a fresh financing that substantially reduces debt, a combination it sees bringing forward the company’s investment case several years.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KDP:
- Keurig Dr Pepper’s Strong Q3 Performance and Strategic Moves Justify Buy Rating
- Keurig Dr Pepper’s Strong Performance and Strategic Investments Justify Buy Rating
- Keurig Dr Pepper Reports Strong Q3 2025 Results
- Morning News Wrap-Up: Monday’s Biggest Stock Market Stories!
- Midday Fly By: Novartis to buy Avidity, Keurig Dr Pepper beats expectations