PepsiCo Slumps Ahead Of Q3: Can Earnings Bring The Fizz Back?
Portfolio Pulse from Surbhi Jain
PepsiCo Inc (NASDAQ:PEP) is expected to announce Q3 earnings with $2.29 EPS and $23.83 billion in revenues. The stock is in a bearish trend, trading below key moving averages, but analysts maintain a Buy rating with a price target of $187.81, suggesting potential upside.
October 07, 2024 | 2:22 pm
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PepsiCo is expected to report Q3 earnings with $2.29 EPS and $23.83 billion in revenues. The stock is in a bearish trend, trading below key moving averages, but analysts maintain a Buy rating with a price target of $187.81, suggesting potential upside.
PepsiCo's upcoming earnings report is crucial as the stock is currently in a bearish trend, trading below key moving averages. However, the consensus analyst rating remains a Buy with a price target suggesting an 8.40% upside. This mixed sentiment results in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100