UBS Reiterates Buy Rating on Pepsico (PEP)

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Pepsico (PEP) PT Lowered to $165 at Jefferies

March 20, 2025 5:25 AM EDT

Jefferies analyst Kaumil Gajrawala lowered the price target on Pepsico (NASDAQ: PEP) to $165.00 (from $170.00) while maintaining a Hold rating.

The analyst comments "Frito continues to get worse (-5% L4WE 3/8)...and savings won't flow through for a few months. We lower... More