PepsiCo downgraded at Barclays, 'sentiment hinges on FLNA's volume recovery'
Barclays downgraded PepsiCo (NASDAQ:PEP) to Equal Weight on Tuesday, citing concerns over its U.S. snacking business.
PepsiCo's growth hinges on recovery in snacking division - analyst
PepsiCo’s (NASDAQ:PEP) ability to re-rate higher hinges on volume recovery in its Frito-Lay North America (FLNA) business, ...
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PepsiCo downgraded at Barclays, ’sentiment hinges on FLNA’s volume recovery’
Analysts note that market sentiment is increasingly tied to the recovery of Frito-Lay North America (FLNA), which they believe will take a few more quarters to stabilize. "Sentiment largely hinges ...