---
title: "This Keurig Dr Pepper Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289589727.md"
description: "Wall Street analysts initiated coverage on several companies this Friday. Bernstein's Cristian Rios started Keurig Dr Pepper (KDP) with an Outperform rating and a $38 price target, while also covering PepsiCo (PEP) with Market Perform and a $143 target. Other initiations include Evercore ISI's In-Line rating for Octave Intelligence (OCTV) at $20, Roth Capital's Buy rating for Fervo Energy (FRVO) at $45, and B of A Securities' Buy rating for Avalo Therapeutics (AVTX) at $35."
datetime: "2026-06-12T11:10:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289589727.md)
  - [en](https://longbridge.com/en/news/289589727.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289589727.md)
---

# This Keurig Dr Pepper Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

-   Bernstein analyst Cristian Rios initiated coverage on **PepsiCo Inc** (NASDAQ:PEP) with a Market Perform rating and announced a price target of $143. PepsiCo shares closed at $143.73 on Thursday. See how other analysts view this stock.
-   Evercore ISI Group analyst Kirk Materne initiated coverage on **Octave Intelligence PLC** (NASDAQ:OCTV) with an In-Line rating and announced a price target of $20. Octave Intelligence shares closed at $18.33 on Thursday. See how other analysts view this stock.
-   Roth Capital analyst Justin Clare initiated coverage on **Fervo Energy** (NASDAQ:FRVO) with a Buy rating and announced a price target of $45. Fervo Energy shares closed at $34.64 on Thursday. See how other analysts view this stock.
-   B of A Securities analyst Alec Stranahan initiated coverage on **Avalo Therapeutics Inc** (NASDAQ:AVTX) with a Buy rating and announced a price target of $35. Avalo Therapeutics shares closed at $13.67 on Thursday. See how other analysts view this stock.
-   Bernstein analyst Cristian Rios initiated coverage on **Keurig Dr Pepper Inc** (NASDAQ:KDP) with an Outperform rating and announced a price target of $38. Keurig Dr Pepper shares closed at $31.23 on Thursday. See how other analysts view this stock.

Considering buying KDP stock? Here’s what analysts think:

_Photo via Shutterstock_

### Related Stocks

- [PEP.US](https://longbridge.com/en/quote/PEP.US.md)
- [AVTX.US](https://longbridge.com/en/quote/AVTX.US.md)
- [KDP.US](https://longbridge.com/en/quote/KDP.US.md)
- [FRVO.US](https://longbridge.com/en/quote/FRVO.US.md)
- [OCTV.US](https://longbridge.com/en/quote/OCTV.US.md)

## Related News & Research

- [PepsiCo Sees Unusually Large Options Volume (NASDAQ:PEP)](https://longbridge.com/en/news/293779259.md)
- [J.P. Morgan Keeps Their Buy Rating on Fervo Energy Company Class A (FRVO)](https://longbridge.com/en/news/293386609.md)
- [This Analyst Just Cut Its Price Target on SNDK Stock. Here's Why.](https://longbridge.com/en/news/293654906.md)
- [Wall Street's Most Accurate Analysts Weigh In On 3 Risk Off Stocks With Over 3% Dividend Yields](https://longbridge.com/en/news/293610667.md)
- [Bank of America Says Recent Pullback Is a Buying Opportunity in These 2 Stocks](https://longbridge.com/en/news/293197855.md)