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Stock impact report

PepsiCo's energy drink move creates a buzz [Seeking Alpha]

PepsiCo, Inc. (PEP) 
Last pepsico, inc. earnings: 4/28 06:03 am Check Earnings Report
US:NYSE Investor Relations: pepsico.com/investors
Company Research Source: Seeking Alpha
Consumer PepsiCo's energy drink move creates a buzz Mar. 14, 2020 11:07 AM ET | PepsiCo, Inc. (PEP) Clark Schultz PepsiCo (NASDAQ: Moody's "Moody's expects PepsiCo's management to remain relatively conservative and to maintain modest leverage despite somewhat high shareholder returns. However, a key factor in the review will be the extent to which the company is willing to reduce shareholder returns to restore stronger credit metrics after this or future acquisitions," notes the ratings agency. The view from sell-side firms after the energy drink deal was more positive. "With Rockstar underneath their wings, they'll have a family of energy drinks... they can coordinate the activity of an entire family of brands to meet a variety of needs of people," updated Edward Jones analyst John Boylan on the acquisition. UBS also broke down the energy drink market development. "This deal demonstrates PEP’s intention to become a bigger player in the high-growth, high-margin Energy Drink space. Bey Show less Read more
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