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North Carolina's Treasurer increased investment in Keurig Dr Pepper, reflecting the company’s strong performance.
North Carolina's Treasurer increased their investment in Keurig Dr Pepper (KDP) by 10.7%, now owning 542,554 shares valued at $17.4 million.
The company reported a strong quarter with earnings of $0.58 per share, beating expectations.
KDP stock has a "Moderate Buy" rating with a target price of $38.77.
The company also saw another firm, Advisory Services Network LLC, nearly double its stake in the company.
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El Tesorero de Carolina del Norte aumentó la inversión en Keurig Dr Pepper, lo que refleja el fuerte rendimiento de la compañía.