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PEPSICO INC. $156 is a hold. The soft drink maker (Nasdaq symbol PEP; Consumer sector; Shares outstanding: 1.4 billion; Market cap: $218.4 billion; Dividend yield: 2.8%; Takeover Target Rating: Medium; www.pepsico.com) has agreed to sell a 61% controlling stake in its Tropicana juice business to private equity firm PAI Partners. It will receive $3.3 billion and keep 39% of this new joint venture. PepsiCo bought Tropicana for $3.3 billion in 1998, and it now accounts for about 4% of its overall sales. In the past few years, juice sales have suffered as consumers shift to lower-calorie drinks like bottled waters and diet sodas. The company plans to invest the cash from the deal in its faster-growing products. However, its sales could slow if the new waves of COVID-19 variants prompt governments to shut down restaurants, movie theatres and sports arenas. PepsiCo is a hold. LAMB WESTON HOLDINGS INC. $66 remains a spinoff buy. The company (New York symbol LW; Consumer sector; Shares outstanding: 146.2…