Workflow
PepsiCo Posts In-Line Results As Guidance Reflects Tariff Costs, Analysts Say
PEPPepsiCo(PEP) Benzinga·2025-04-26 02:12

Shares of PepsiCo Inc. PEP tanked after the company reported a sales decline for the first quarter on Thursday.BofA Securities On PepsiCoAnalyst Bryan Spillane maintained a Neutral rating while reducing the price target from 155to155 to 150.PepsiCo reported its quarterly results broadly in line with consensus estimates, Spillane said in a note. Management’s 2025 earnings guidance reflects tariff costs of around 40 cents per share, he added.There is a lack of clarity around a recovery in US salty snacks, given ...