How far is Pepsi stock from $170 and could it drop there in a week

**Pepsi's stock is currently trading above $170.** As of the most recent data, the closing price of PepsiCo (PEP) stock was $172.16. Regarding the potential for the stock to drop to $170 within a week, it is difficult to make a definitive prediction. The stock's movement is influenced by a variety of factors including market conditions, company performance, and investor sentiment. 1. **Recent Performance**: PepsiCo's stock has experienced a recent sell-off, with a 1.44% decrease in one interval and a 0.76% decrease on the most recent day. However, it has also shown a 1.32% increase in another interval. 2. **Analyst Sentiments**: Analysts have predicted double-digit upside potential for PepsiCo based on the company's fundamentals. This suggests that there may be some support for the stock price above $170. 3. **Institutional Activity**: Institutional buyers have decided to intervene in the stock, which could indicate confidence in the company's growth prospects. 4. **Market Conditions**: The broader market conditions, including investor sentiment and economic indicators, can also impact stock prices. For instance, concerns about revenue growth rate have led to a loss in Pepsi's share price. 5. **Company Fundamentals**: PepsiCo's strong brand portfolio and history of performance could provide a buffer against potential price declines. In conclusion, while it is possible that PepsiCo's stock could drop to $170 in the coming week, it is not a foregone conclusion. The stock's movement will depend on a complex interplay of factors, and investors should monitor these closely for any signs of a trend reversal or continuation.