But ahead of the company's third-quarter fiscal 2015 earnings results due out Tuesday before the opening bell, buying PepsiCo stock, which has outperformed its larger rival Coca-Cola Despite increasing concerns about obesity, pressuring PepsiCo's beverage business, shares of the New York-based company has a consensus buy rating and an average analyst 12-month price target of $108, implying some 17% gains from current levels of around $92. Why the implied confidence? Unlike Coca-Cola , PepsiCo has a business that is well diversified between beverages and salty snacks.