# Piper Sandler Upgrades Keurig Dr Pepper Ahead of Planned Business Split

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/31914
Published: 2026-10-14T15:19:54.000Z
Updated: 2026-10-14T15:19:54.000Z
Section: Business

> The analyst firm raised the beverage company’s rating to Overweight as it prepares to separate its beverage and coffee businesses.

Keurig Dr Pepper shares moved higher Wednesday after Piper Sandler upgraded the company to Overweight, ahead of a planned split into separate beverage-focused and coffee-focused businesses.

The planned separation would divide the company’s beverage and coffee operations into two businesses. The upgrade puts Piper Sandler’s rating on Keurig Dr Pepper at Overweight.