Piper Sandler Lowers Price Target for PepsiCo Amid Growth Challenges

On June 12, Piper Sandler analyst Michael Lavery reduced the price target on PepsiCo (PEP) from $181 to $178 while maintaining an 'Overweight' rating. The firm cited slower-than-expected distribution momentum in Pepsi's salty snacks business and ongoing cost pressures as reasons for the adjustment.

By Sultan Khalid Tue, June 16, 2026 at 5:05 AM GMT+3 1 min read · Yahoo Finance · June 16, 2026, 02:05 UTC

Piper Sandler Lowers Price Target for PepsiCo Amid Growth Challenges

Tickers: $PEP

Topics: analyst rating PepsiCo price target stock analysis

Read the full article at Yahoo Finance

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