Wells Fargo Maintains Equal-Weight on PepsiCo, Lowers Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey maintains an Equal-Weight rating on PepsiCo and lowers the price target from $196 to $170.
October 09, 2023 | 11:38 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Wells Fargo has lowered its price target for PepsiCo from $196 to $170, while maintaining an Equal-Weight rating.
The lowering of the price target by Wells Fargo indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on PepsiCo's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100