Keurig Dr Pepper tops estimates on price hikes but coffee business a drag

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BofA reiterates Keurig Dr Pepper Inc. (KDP) at buy, sees multiple drivers

October 27, 2023 2:29 PM EDT

BofA analyst Bryan Spillane reiterated a Buy rating and $37 price target on Keurig Dr Pepper Inc. (NASDAQ: KDP) in a research note to clients on Friday.

The analyst told investors that his firm is optimistic about the stock and sees "multiple drivers" to the company's 2024... More