StockNews.com Upgrades PepsiCo (NYSE:PEP) to “Buy”

PepsiCo (NYSE:PEP – Get Rating) was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.

PepsiCo Stock Performance

PEP opened at $173.53 on Wednesday. The business’s fifty day simple moving average is $173.95. PepsiCo has a 1-year low of $154.86 and a 1-year high of $186.84. The firm has a market capitalization of $238.99 billion, a P/E ratio of 27.07 and a beta of 0.53.

About PepsiCo

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PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. It operates through the following business segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), PepsiCo Beverages North America (PBNA), Latin America (LatAm), Europe, Africa, Middle East, and South Asia (AMESA), and Asia Pacific, Australia and New Zealand, and China Region (APAC).