Keurig Dr Pepper beats sales estimates, posts strong forecast on higher prices
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Here's why Morgan Stanley sees 'plenty of upside left' in this well-known drink company
July 28, 2023 2:24 PM EDTWhile 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
