Goldman Sachs: Varun Beverages Stock Has 25% Upside Potential

Goldman Sachs, a financial company, thinks shares of Varun Beverages, which makes and sells Pepsi products, could go up by 25%.

They gave it a "Buy" rating, meaning they think it's a good investment.

Goldman Sachs believes the company will do well in India's drinks market and has a strong presence in growing areas like energy drinks.

They also think the company's international business, especially in South Africa, will become more profitable.

Goldman Sachs thinks the stock is trading at a reasonable price compared to its past.

Many analysts agree and recommend buying the stock.

The stock has not delivered negative annual returns since it debuted in 2017.