Barclays analyst Lauren Lieberman raised the firm’s price target on PepsiCo (PEP) to $144 from $132 and keeps an Equal Weight rating on the shares. The firm views the company’s Q2 report as a “step in the right direction.” PepsiCo posted upside from better currency, which is flowing through to its revised 2025 guidance, the analyst tells investors in a research note.
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