Goldman Says PepsiCo Poised For Turnaround As Innovation, Productivity Ramp Up
1. PepsiCo's Q3 adjusted EPS hit $2.29, exceeding estimates. 2. Sales reached $23.937 billion, beating expectations with 2.6% YoY growth. 3. Goldman Sachs maintains a Buy rating with a $165 price target. 4. Analyst forecasts mid-single-digit growth over the next decade. 5. Productivity initiatives and innovation pipeline to drive future growth.