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Barchart
Sohini Mondal

Are Wall Street Analysts Predicting PepsiCo Stock Will Climb or Sink?

PEP PepsiCo

The New York-based PepsiCo, Inc. (PEP) is a leading global company in the convenient foods and beverages industry. Valued at a market cap of $237 billion, the company offers a diverse portfolio of iconic brands across seven segments worldwide.

Shares of this beverage giant have underperformed the broader market over the past 52 weeks. PEP has declined 6.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 19.7%. In 2024, shares of PEP are up marginally compared to SPX’s 12.1% gain on a YTD basis. 

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