Pepsico (PEP) PT Lowered to $160 at Wells Fargo

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Citi is near-term bullish on these 2 staples stocks

May 18, 2026 12:00 PM EDT

Citi issued upbeat short-term views on a pair of consumer-staples companies ahead of the FIFA World Cup, opening positive 90-day STVs and signaling that summer marketing activations could drive incremental volume gains.

The bank turned constructive on Coca-Cola (NYSE: KO), noting it is launching what is anticipated to be... More