PepsiCo (PEP) Gets Price Target Bump, but BofA Remains Cautious on Staples

PepsiCo, Inc. (NASDAQ:PEP) is included among the 12 Best Income Stocks to Buy Now. PepsiCo (PEP) Gets Price Target Bump, but BofA Remains Cautious on Staples ja-san-miguel-xYSp0kkIUio-unsplash On December 19, BofA analyst Peter Galbo raised the firm’s price target on PepsiCo, Inc. (NASDAQ:PEP) to $164 from $155 and kept a Neutral rating on the shares. Looking ahead to 2026, Galbo said the biggest open question for consumer staples remains consumption growth. Valuations across the group are still uneven, ...