Barclaysโ Lauren Lieberman on PepsiCo Earnings
Barclays US Equity Research Analyst Lauren Lieberman said PepsiCoโs positive share-price reaction was less a sign of broad optimism than a rebound after a period of weakness. She viewed the companyโs acknowledgment that the status quo is not workingโand that changes are neededโas the dayโs biggest surprise, while its lowered full-year expectations were widely anticipated. She speaks with Romaine Bostick & Jess Menton on "The Close." (Source: Bloomberg)