BUZZ-Keurig Dr Pepper falls after Deutsche Bank downgrades to 'hold'
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Keurig Dr Pepper's shares fell about 2% to $28.89 after Deutsche Bank downgraded the stock from "buy" to "hold" and reduced the price target to $32 from $35. The company faces strong competition from major energy drink brands and plans to focus on its acquisition of JDE Peet's in 2026, which may cause operational challenges. The stock is down ~18% YTD, with a median price target of $35.08 from analysts.
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