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@ Layer3.news
2025-02-06 06:03:34
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PEPSICO REMAINS VERY WELL POSITIONED DESPITE NEAR-TERM HEADWINDS: GOLDMAN SACHS
https://media.zenfs.com/en/Benzinga/5d098240d97da465429a826fb8c2f17c
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✍️ Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating on PepsiCo's shares with a price forecast of $189.00, citing strong brand portfolio and long-term growth prospects.
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👉 PepsiCo posted 2.1% organic revenue growth in Q4
👉 Company achieved 9% constant currency EPS growth for FY24
👉 Forecasting modest low-single-digit organic growth this year
👉 Anticipates mid-single-digit core foreign exchange neutral bottom-line growth
👉 Projects core EPS growth of low-single-digits for FY25
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#BonnieHerzog #business
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