PepsiCo Stock Price Remains Stable Ahead of Q2 Earnings Release
PepsiCo’s stock price has been relatively stable, trading around its 52-week low. Recent analyst predictions suggest a potential increase in value, although some analysts have expressed concerns.
- BofA Securities has lowered its price target for PepsiCo to $145 due to concerns over North America.
- Other analysts remain optimistic about the company’s future prospects.
The company is set to release its Q2 earnings, which may impact investor sentiment. The earnings release is expected to provide insight into PepsiCo’s performance and potential future growth.
Industry Developments
A former PepsiCo executive has been appointed as the new CEO of Hershey’s, a rival company. This development may have implications for the competitive landscape in the industry.
Investor Outlook
Investors are awaiting the release of PepsiCo’s earnings to gauge the company’s performance and potential future growth. The earnings release is expected to provide a clearer picture of the company’s prospects and may influence investor sentiment.