PepsiCo (PEP.US) to release financial report soon, Bank of America maintains target price of $150.

According to the Wisdom Finance APP, Bank of America Securities released a research report maintaining a "neutral" rating for PepsiCo (PEP.US) with a target price of $150. Bank of America pointed out that PepsiCo's profit pressure has been offset by lower corporate expenses and tax rates; its North American food business has weak sales because PepsiCo entered a stagnant state after the end of last summer's promotional activities; and for its North American beverage business, overall data show normalcy and they are waiting for more distribution data from Celsius Holdings (CELH.US). PepsiCo will announce its performance report for the third quarter of its 2025 fiscal year (ending on September 6) on October 9 (Thursday).