Fintel on MSN2d
Jefferies Downgrades PepsiCo (PEP)Fintel reports that on March 12, 2025, Jefferies downgraded their outlook for PepsiCo (NasdaqGS:PEP) from Buy to Hold.
They stem from PAI purchasing majority control of Tropicana, Naked Juice and other beverage brands in early 2022 from PepsiCo Inc. Declining revenue is threatening Tropicana’s ability to fund ...
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