PepsiCo price target raised to $158 from $154 at Barclays

Barclays analyst Lauren Lieberman raised the firm’s price target on PepsiCo (PEP) to $158 from $154 and keeps an Equal Weight rating on the shares following earnings. The firm says PepsiCo Foods North America “finally delivered the volume inflection investors have been waiting for.” PepsiCo is now tasked with proving these results are sustainable, the analyst tells investors in a research note.