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News 2026-07-10 10:15 UTC

PepsiCo price target lowered to $160 from $180 at Morgan Stanley

Morgan Stanley analyst Dara Mohsenian lowered the firm's price target on PepsiCo to $160 from $180 and keeps an Equal Weight rating on the shares. PepsiCo's Q2 results reflected continued North American weakness offset by international strength, but the outlook points to increasing 2027 EPS risk due to a weak earnings