PepsiCo stock dropped due to Bank of America downgrade and market share concerns

From Nasdaq.: 2025-04-15 18:28:00

PepsiCo stock took a hit after Bank of America downgraded it from buy to neutral, citing market share declines in snacks and lack of competitiveness in popular drink segments. Analyst Bryan Spillane cut the price target to $155 per share. Trade war uncertainty adds to the company’s challenges. It may not be an attractive investment option currently. Consider other stocks with potential for high returns, as identified by the Motley Fool Stock Advisor team. S&P 500 Index wasn’t on their list of top 10 stocks. The team’s total average return is 800%, outperforming the S&P 500.



Read more at Nasdaq.: Why PepsiCo Stock Tanked Today