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What’s Behind Mixed Ratings on PepsiCo, Inc. (PEP) in Wall Street

What’s Behind Mixed Ratings on PepsiCo, Inc. (PEP) in Wall Street

PepsiCo stock (NASDAQ:PEP) is one of the top consumer defensive stocks to buy now. On April 8, JPMorgan reiterated an Overweight rating on PepsiCo stock (NASDAQ:PEP) but lowered the price target to $172 from $176. The price target cut is in response to the company maintaining its 2026 organic sales growth at 2.5%, with earnings [...]