Keurig Dr Pepper Inc. (KDP) Tops Q2 EPS by 2c; raises FY guidance

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Go back to Keurig Dr Pepper Inc. (KDP) Tops Q2 EPS by 2c; raises FY guidance

Here's why Morgan Stanley sees 'plenty of upside left' in this well-known drink company

July 28, 2023 2:24 PM EDT

While the stock may be down almost 5% in 2023, Morgan Stanley analyst Dara Mohsenian reiterated a buy rating and raised the price target for a well-known drink company.

In fact, he told investors there is "plenty of upside left" in Nasdaq-listed Keurig Dr Pepper Inc. (NASDAQ: KDP), with the stock hitting an inflection point. The analyst lifted the firm's price target for the stock to $39 from $36... More