PepsiCo, Inc. (NASDAQ: PEP) is named one of the 15 Best Wide Moat Dividend Stocks to Invest in. UBS analyst Peter Grom raises price target on PEP to $190 from $170 after a solid Q4 performance. PepsiCo plans to cut prices on core snack brands by up to 15% following consumer pushback. The company is revamping major brands to offer lower sugar options and fewer artificial ingredients. Management hopes targeted price cuts will boost North America snack sales. PepsiCo is adjusting its approach to better meet consumer needs and protect volumes.

Read more at Yahoo Finance: UBS Lifts PepsiCo (PEP) Target After Solid Q4 Execution