Dr Pepper Snapple Group (DPS) Tops Q2 EPS by 5c

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Jefferies Raises Price Target on Dr Pepper Snapple Group (DPS) Following 2Q Beat-and-Raise

July 28, 2016 8:55 AM EDT

Jefferies reiterated a Hold rating on Dr Pepper Snapple (NYSE: DPS), and raised the price target to $104.00 (from $101.00), following the company's 2Q earnings report. DPS reported revenues of $1.70B, slightly exceeding the Street estimate on +4.5% organic sales growth. EPS of $1.25 beat consensus est of $1.21,... More