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News 2026-07-09 17:15 UTC

PepsiCo price target lowered to $159 from $172 at UBS

UBS analyst Peter Grom lowered the firm's price target on PepsiCo to $159 from $172 and keeps a Buy rating on the shares. PepsiCo reported a modest Q2 beat and reiterated 2026 guidance across the board, the analyst tells investors in a research note. UBS remains "hopeful" that trends can improve in North America, but t