Piper Sandler on Pepsico (PEP): 'Doritos May Offer Playbook For 2025'
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Pepsico (PEP) PT Lowered to $175 at CFRA
February 4, 2025 7:32 AM ESTCFRA analyst Garrett Nelson lowered the price target on Pepsico (NASDAQ: PEP) to $175.00 (from $190.00) while maintaining a Buy rating.
The analyst comments "We lower our 12-month target by $15 to $175, based on a 2026 P/E of 19.4x, a justified discount to... More
