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PepsiCo Stocks Rose after Earnings. But Why Then Analysts Adjusted Their Forecasts?

PepsiCo Stocks Rose after Earnings. But Why Then Analysts Adjusted Their Forecasts?
Sometimes, almost everyone gets in the mood for a Pepsi or McDonald's. You know, such an internal craving for fast food or sugary beverages for no explicable reason. However, these days, people choose healthier food options more frequently. Surprisingly, this shift is also benefiting PepsiCo – the company’s recent financial report proves it. Let's find out why the stocks went up, yet analysts revised their predictions.The chart below illustrates the market’s response to PepsiCo’s report. The st... Read More
Posted: Oct 16 2023, 08:01
Author Name: forexlive
Views: 082536

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