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Keurig Dr Pepper Inc. (KDP) Rated ‘Overweight’ at Piper Sandler, Price Target Cut

Keurig Dr Pepper Inc. (NASDAQ:KDP) is one of the best FMCG stocks to invest in. On September 17, Piper Sandler reiterated an ‘Overweight’ rating on the stock but lowered the price target to 35from35 from 40. The price target cut comes amid concerns about the company’s debt level following the JDEP acquisition. Keurig Dr Pepper Inc. (KDP) Rated ‘Overweight’ at Piper Sandler, Price Target Cut Public Domain/Pixabay The research firm has raised concerns that the acquisition could push the company’s pro forma le ...