PepsiCo, Inc. is listed among the 15 Best Boring Dividend Stocks to Buy. Analysts caution that shifting consumer trends are impacting PepsiCo’s outlook, prompting Piper Sandler to lower its price target on PepsiCo stock. Despite a 1.3% increase in organic sales, PepsiCo’s adjusted EPS fell 2% in the third quarter due to consumer pushback against higher prices. Management plans to focus on innovation and cost-cutting to drive product growth. PepsiCo is restructuring its product mix and cutting costs to strengthen operations, adapting to rising demand for healthier snacks and wellness-focused products. The company manufactures, distributes, and sells a wide range of food and beverage products. While PepsiCo is considered a solid investment, some believe AI stocks offer greater potential upside. For more information, check out the report on the best short-term AI stock.
Read more at Yahoo Finance: Analysts Warn Shifting Consumer Trends Are Reshaping PepsiCo’s (PEP) Outlook
