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Goldman Says PepsiCo Poised For Turnaround As Innovation, Productivity Ramp Up
Benzinga· 2025-10-09 19:29
PepsiCo, Inc. (NASDAQ:PEP) shares are bubbling as bold new drinks and a turbocharged productivity playbook promise more fizz across its shelves.The company reported third-quarter adjusted earnings per share of $2.29, beating the analyst consensus estimate of $2.26. Quarterly sales of $23.937 billion (+2.6% year over year) outpaced the Street’s expectation of $23.827 billion.Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating and price forecast of $165.Also Read: PepsiCo, Delta Air Lines, And 3 Stock ...