Information Provided By:
Fly News Breaks for December 21, 2018
KDP
Dec 21, 2018 | 08:05 EDT
Morgan Stanley analyst Dara Mohsenian resumed coverage of Keurig Dr Pepper with an Equal Weight rating and $27 price target, stating that he sees potential near-term EPS upside but also believes its growth potential in coffee, realization of cost synergies and "a strategic halo from JAB" are already reflected in the stock's valuation.