TD Cowen Maintains Hold Rating on PepsiCo (PEP) Stock
PepsiCo, Inc. (NASDAQ:PEP) is one of the Best Wide Moat Stocks to Buy Right Now. The company’s wide economic moat is backed by its robust brand portfolio and significant scale benefits. On October 1, TD Cowen analyst Robert Moskow maintained a “Hold” rating on the company’s stock, setting a price objective of $155.00. The analyst’s rating is backed by a combination of factors, which include PepsiCo, Inc. (NASDAQ:PEP)’s current strategic position and market conditions. The analyst opines that, despite the p ...