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News 2026-07-09 18:41 UTC

PepsiCo price target lowered to $150 from $170 at Evercore ISI

Evercore ISI lowered the firm's price target on PepsiCo to $150 from $170 and keeps an In Line rating on the shares. PepsiCo's "unsurprising" EPS guidance revision to the low-end of its EPS range sent the stock down about 3% after the company's earnings call, the analyst noted. While Pepsi blamed the impact of a weaker