After six weeks of consecutive stock price declines, a turnaround may emerge? Goldman Sachs bets on PepsiCo (PEP.US) for "ten years of growth," confident in the resilience of leading consumer companies amid inflation headwinds.
智通财经2026/10/09 08:21According to apps of Zhihui Finance, PepsiCo (PEP.US) is expected to reverse its six-week losing streak in stock price. Although Goldman Sachs has lowered its price target for this American beverage, food, and snack giant, it still maintains a “Buy” rating, the most optimistic outlook. Improved third-quarter sales and overall business performance, as well as growth potential over the next decade, provide a foundation for the positive forecast. However, rising costs, margin pressure, and ongoing significant challenges in the beverage business execution are weighing on short-term earnings.
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