PepsiCo to Acquire poppi

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Citi Reiterates Buy Rating on Pepsico (PEP)

March 17, 2025 9:44 AM EDT

Citi analyst Filippo Falorni reiterated a Buy rating and $170.00 price target on Pepsico (NASDAQ: PEP).

The analyst comments "This morning, PEP announced a deal to acquire poppi for $1.95B, including $300M in anticipated cash tax benefits. Austin-based poppi is a healthier-for-you soda... More