Citi Maintians Buy Rating, $47 PT on Dr Pepper Snapple Group

Citi maintains its Buy rating and $47 price target on Dr Pepper Snapple Group

in a research report out today. In the report, Citi writes, "Given our confidence in DPS's ability to generate strong shareholder returns in the form of buybacks and dividends, coupled with the stock's attractive valuation, we maintain our $47 target price and our Buy rating." Currently, Dr Pepper Snapple Group is trading at $37.55, down 0.82% from yesterday's close.