Activist investors are targeting Keurig Dr Pepper, urging the company to reevaluate its strategy and operations. After acquiring JDE Peet’s and announcing a split into two companies, KDP shares plummeted. Starboard Value has acquired a stake in KDP, aiming to improve execution and restore investor confidence. Despite concerns about the acquisition and split, KDP reported strong Q2 earnings and remains cautiously optimistic, with a consensus “Moderate Buy” rating from analysts. With a dividend yield of 3.45% and potential upside of 27.4%, KDP is a stock to watch as it navigates through changes and challenges.
Read more at Yahoo Finance: As Activist Investors Swoop Into Keurig Dr Pepper, Should You Buy KDP Stock?