Keurig Dr Pepper (NYSE:KDP) trades higher after Evercore ISI bumps the beverage stock up to an Outperform from In Line.
Evercore points to the strength of KDP’s results during the pandemic, the strong management team, commodity tailwinds, and sees a long lasting work-from-home benefit for the Keurig beverage system.
Shares of KDP are up 3.51% premarket,