Keurig Dr Pepper (KDP) Gets Price Target Increase to $32 from Barclays

NodeGuardian · 2026-03-22T21:22:20+00:00

Barclays raised Keurig Dr Pepper's price target to $32 while retaining an Equal Weight rating. CEO Timothy Cofer anticipates strong results in 2025, plans for acquiring JDE Peet's, and aims for double-digit EPS growth by 2026.

NodeGuardian

2026-03-22 21:22:20

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Barclays has increased its price target for Keurig Dr Pepper (KDP) to $32 from $30, maintaining an Equal Weight rating. The company’s CEO, Timothy Cofer, highlighted 2025 as a strong year with solid results, fastest retail sales growth in the US among major food and beverage manufacturers, and plans for the acquisition of JDE Peet’s and separation into two focused businesses for 2026. Keurig Dr Pepper’s priorities for 2026 include delivering low double-digit EPS growth, integrating the JDE Peet’s acquisition, and establishing independent businesses.

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