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What Analysts Are Saying About PepsiCo's Q1 Earnings? - PepsiCo (NASDAQ:PEP)

PepsiCo Inc's Q1 FY24 success unfolds: a 2.3% sales growth to $18.25 billion surpassing estimates. Adjusted EPS of $1.61 beats consensus, prompting analyst optimism. BofA Securities reiterates a Buy with a $210 price target, citing 5% pricing growth driving gross margin expansion. Meanwhile, Goldman Sachs maintains a Buy with a $200 price target, impressed by topline growth and EPS increase despite challenges from recalls, highlighting PepsiCo's resilience and long-term growth potential. ....

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