UBS Maintains Neutral on Keurig Dr Pepper, Raises Price Target to $41
UBS analyst Peter Grom maintains Keurig Dr Pepper (NASDAQ:KDP) with a Neutral and raises the price target from $38 to $41.
Recap: Keurig Dr Pepper Q2 Earnings
Keurig Dr Pepper (NASDAQ:KDP) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Keurig Dr Pepper reported in-line EPS of $0.39 versus an estimate of $0.39.
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Here’s How Much You Would Have Made Owning Keurig Dr Pepper Stock In The Last 5 Years
Keurig Dr Pepper (NASDAQ:KDP) has outperformed the market over the past 5 years by 10.9% on an annualized basis producing an average annual return of 19.69%. Currently, Keurig Dr Pepper has a market capitalization of $51.03 billion.
$100 Invested In Keurig Dr Pepper 10 Years Ago Would Be Worth This Much Today
Keurig Dr Pepper (NASDAQ:KDP) has outperformed the market over the past 10 years by 6.9% on an annualized basis producing an average annual return of 17.64%. Currently, Keurig Dr Pepper has a market capitalization of $50.93 billion.
Short Volatility Alert: Keurig Dr Pepper Inc.
On Tuesday, shares of Keurig Dr Pepper Inc. (NASDAQ: KDP) experienced volatile short activity. After the activity, the stock price went up +1.72% to $34.94.
The overall sentiment for KDP has been Bearish.
UBS Downgrades Keurig Dr Pepper to Neutral, Lowers Price Target to $38
UBS analyst Peter Grom downgrades Keurig Dr Pepper (NASDAQ:KDP) from Buy to Neutral and lowers the price target from $42 to $38.
Ominous Death Cross Forms On Keurig Dr Pepper’s Chart
If history is any guide, there may be trouble ahead for shares of Keurig Dr Pepper (NASDAQ:KDP). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.
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These 3 Stock Are Joining the S&P 500 In June
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