Reported 3 days ago
UBS has reaffirmed its Buy rating on PepsiCo (NASDAQ:PEP), setting a price target of $172.00, highlighting the company's efforts to enhance productivity and revive growth in the North American segment. The report notes recent improvements in PepsiCo’s productivity, which are expected to lead to stronger profitability and support better financial outcomes in the near and medium term. PepsiCo continues to attract dividend investors with a robust track record of 53 years of consecutive dividend growth.
Source: YAHOO