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Bullish Case: PepsiCo's consistent dividend history, positive Morgan Stanley upgrade, and $400 million investment in Vietnam suggest strong growth prospects and expansion.


Bearish Case: Backwardation in term structure hints at near-term uncertainty, and volume softness signals potential revenue growth concerns despite pricing actions.


Potential Outcomes: High chance of growth buoyed by ethical reputation and strategic investments (55%), moderate likelihood of volume softness impacting revenues despite price hikes (35%), residual risk of macroeconomic headwinds affecting performance (10%).


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March 26, 2024


Pepsico Forecast

PEP        Pepsico
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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