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TD Cowen Maintains Hold Rating on PepsiCo (PEP) Stock
Yahoo Financeยท 2025-10-14 17:06
Core Viewpoint - PepsiCo, Inc. is recognized as one of the best wide moat stocks to buy currently, supported by its strong brand portfolio and scale benefits [1] Group 1: Analyst Ratings and Market Position - TD Cowen analyst Robert Moskow maintains a "Hold" rating on PepsiCo's stock with a price objective of $155.00, reflecting the company's strategic position and market conditions [1] - Despite the presence of activist investor Elliott, there are expectations for PepsiCo to enhance shareholder value through improved cost management [1][2] Group 2: Operational Efficiency and Financial Performance - There is potential for PepsiCo to improve operational efficiency by addressing weaker demand in certain segments and optimizing manufacturing capacity, which could lead to margin expansion [2] - In Q2 2025, PepsiCo reported revenue of $17.9 billion, a decline of 1.8% year-over-year, impacted by foreign exchange headwinds and promotional activities in North America [2] - Earnings per share (EPS) also declined year-over-year, with cautious guidance due to ongoing input cost inflation [2]