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Guggenheim Reiterates Buy Rating on Pepsico (PEP) Following Investor Call

July 15, 2020 7:56 AM EDT

Guggenheim analyst Laurent Grandet reiterated a Buy rating and $151.00 price target on Pepsico (NASDAQ: PEP) following an investor call with management. Grandet thinks CEO Laguarta is taking aggressive steps to reposition the beverage business and capture market share that Grandet expects will provide strong,... More