Keurig Dr Pepper Inc. (NASDAQ:KDP) is included among the 13 NASDAQ Stocks with Highest Dividends.
On April 10, BofA lowered the firm’s price recommendation on Keurig Dr Pepper Inc. (NASDAQ:KDP) to $35 from $38. It maintained a Buy rating on the shares. The firm adjusted its estimates ahead of earnings for the US consumer staples group.
On April 8, Wells Fargo also lowered its price target on Keurig Dr Pepper to $37 from $40 and maintained an Overweight rating. The firm said it is broadly reducing estimates across the sector ahead of quarterly results. It added that its earnings revisions are based on company-specific commodity cost assumptions built into its models. This makes margin expectations more closely tied to how inflation develops, especially through Q4 2026 and into 2027, with a recovery expected in 2028.
A Reuters report from April 1 said that Keurig Dr Pepper has appointed Rafael Oliveira to lead its coffee division as it moves forward with its planned $18 billion all-cash acquisition of JDE Peet’s. The deal is aimed at strengthening its position against competitors such as Nestlé and managing rising commodity costs. The report said that, after the acquisition, the combined business is expected to split into two separate publicly traded US companies, one focused on coffee and the other on beverages.
Oliveira, who currently leads Peet’s Coffee, is expected to head the future global coffee company. He will report to Tim Cofer, who is set to run the beverage business after the separation. It was also noted that Sudhanshu Priyadarshi had initially been selected to lead the coffee unit but was later replaced by Anthony DiSilvestro.The separation is expected to be completed by the end of the year. Shares of JDE Peet’s are scheduled to be delisted from Euronext Amsterdam on April 30, 2026.
Keurig Dr Pepper Inc. (NASDAQ:KDP) operates as a beverage company in North America. It manufactures, markets, distributes, and sells hot and cold beverages, along with single-serve brewing systems.
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