Dr Pepper Snapple Group (DPS) Misses Q3 EPS by 7c, Trims FY Guidance
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Dr Pepper Snapple (DPS) PT Lowered to $99 at Jefferies
October 26, 2017 6:50 AM EDTJefferies lowered its price target on Dr Pepper Snapple (NYSE: DPS) to $99.00 (from $111.00) while maintaining a Buy rating. The firm trimmed FY18-19 EPS est. by 4-5%.
Analyst Kevin Grundy notes while EPS delivery has been uncharacteristically choppy in FY17, think the shares look interesting here on reset expectations.
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