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PEP Stock Looks To Snap 6-Week Losing Streak: Goldman Sachs Trims Price Target But Sees ‘Decade Of Growth’ For PepsiCo
Stocktwits ·
Stocktwits reports: PepsiCo Inc. (PEP) is looking to reverse a six-week losing streak as Goldman Sachs maintains a ‘Buy’ rating despite cutting its price target. Stronger third-quarter (Q3) sales and decade-long growth potential support optimism, while rising costs, margin pressure, and beverage execution challenges weigh on near-term earnings. PepsiCo stock edged 0.06% lower overnight on Thursday. The stock has gained nearly 2% so far this week. Goldman Sachs Retains Buy Rating On PepsiCo…
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