Barclays raises PepsiCo price target to $185, with other analysts also revising theirs after Q1 revenue surpasses estimates.
Barclays raised its price target for PepsiCo (NASDAQ:PEP) to $185.00, keeping an overweight rating. Other analysts have also revised their price targets, including Wedbush at $195.00, JPMorgan Chase at $181.00, Royal Bank of Canada at $180.00, and Deutsche Bank at $184.00. Morgan Stanley raised its rating from equal weight to overweight, setting a $190.00 price target. PepsiCo recently reported Q1 revenue and adjusted earnings surpassing estimates.
April 29, 2024
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