Wedbush Reiterates Outperform on PepsiCo, Maintains $195 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Gerald Pascarelli reiterates an Outperform rating on PepsiCo (NASDAQ:PEP) and maintains a $195 price target.

April 23, 2024 | 12:21 pm
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Wedbush analyst Gerald Pascarelli reaffirms an Outperform rating on PepsiCo, with a price target of $195.
The reaffirmation of an Outperform rating and a high price target by a reputable analyst like Gerald Pascarelli suggests a strong bullish sentiment towards PepsiCo. This could positively influence investor perception and potentially drive the stock price up in the short term, as market participants often react to analyst ratings and price targets.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100