BUZZ-Citi raises PT on PepsiCo to $170

Reuters
2025.12.17 17:07
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Citi has raised its price target for PepsiCo to $170 from $165, citing the company's strong sales growth, positive 2026 outlook, and efforts to improve PepsiCo Foods North America. The brokerage highlights PepsiCo's international business as undervalued and notes recent product launches boosting volumes. Currently, 9 out of 26 brokerages rate the stock as "buy" or "strong buy."