Citi Maintains Bullish Outlook on PepsiCo (PEP) Following a Q2 Results Preview

6 hours ago 3

Sheryar Siddiq

Wed, July 1, 2026 astatine 10:58 AM CDT 1 min read

PepsiCo, Inc. (NASDAQ:PEP) ranks among the apical NASDAQ stocks for retirement. As portion of a Q2 results preview, Citi lowered its terms nonsubjective for PepsiCo, Inc. (NASDAQ:PEP) to $170 from $182 and maintained a Buy standing connected the stock. The steadfast expects PepsiCo, Inc. (NASDAQ:PEP) to study net per stock of $2.18, little than the mean projection of $2.22.

The institution is facing issues successful its snacking concern and is losing marketplace stock successful North American beverage subcategories. However, these flaws are mitigated by a thriving multinational business.

In a akin vein, Deutsche Bank reduced its terms people for PepsiCo, Inc. (NASDAQ:PEP) to $168 from $173 with a Buy standing connected June 18. The steadfast stated that early-quarter information indicated "encouraging momentum" aft the institution regained affirmative measurement maturation during the archetypal quarter. However, depletion patterns slowed successful precocious April and May.

One of the astir well-known names successful the world, PepsiCo, Inc. (NASDAQ:PEP), is an American multinational institution progressive successful the food, snack, and beverage sectors.

While we admit the imaginable of PEP arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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