Barclays Raises Price Target for PepsiCo Amid Volume Recovery
Barclays raised PepsiCo's price target to $158 from $154, citing volume recovery in its North America Foods segment. The firm also reiterated an Equal Weight rating following earnings. Additionally, PepsiCo announced a strategic collaboration with Google Cloud to enhance its digital capabilities.
Topics: AI Integration Barclays PepsiCo Price Target Strategic Collaboration