Dr Pepper Snapple Group (DPS) Tops Q3 EPS by 10c, Raises FY EPS Guidance

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Dr Pepper (DPS) Numbers Lifted at Jefferies on Strong Beat; Hold Maintained on Full Valuation

October 24, 2014 8:10 AM EDT

Jefferies analyst Kevin Grundy lifted estimates and his price target on Hold-rated Dr Pepper Snapple (NYSE: DPS) to $66.00 (from $55.00) following a strong Q3 beat.

Grundy commented, "We are raising our FY14 EPS to $3.68 (above DPS' $3.56-$3.62 guid.) following another strong... More