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Home Business

PepsiCo probably raised its prices too much, and now it’ll have to pay, analyst says

10 October 2024
in Business
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PepsiCo probably raised its prices too much, and now it’ll have to pay, analyst says
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PepsiCo Inc. raised prices during the pandemic and faced supply disruptions, leading TD Cowen analysts to suggest that the company may need to offer more discounts. As a result, the analysts downgraded PepsiCo’s shares. The beverage and snacks giant may have to reverse its pricing strategy to navigate the current market challenges.

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Tags: AnalystitllpayPepsiCopricesraised
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