PepsiCo Inc
PEP: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$753.00 | Dkrt | Csxrvpjml |
PepsiCo: No Change to Strategic Direction or Capital Allocation With New CFO Appointment
We plan to maintain our $180 fair value estimate and our Exemplary capital allocation rating for wide-moat PepsiCo after the firm announced the appointment of company insider Jamie Caulfield as the new CFO. Hugh Johnston, the former CFO and a 36-year company veteran, is leaving to take the CFO role at wide-moat Disney.