Wedbush Reiterates Outperform on PepsiCo, Maintains $195 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Gerald Pascarelli has reiterated an Outperform rating on PepsiCo (NASDAQ:PEP) and maintained a $195 price target.
October 10, 2023 | 1:04 pm
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POSITIVE IMPACT
Wedbush analyst maintains Outperform rating on PepsiCo with a $195 price target.
The reiteration of an Outperform rating by a reputable analyst like Gerald Pascarelli from Wedbush is a positive signal for PepsiCo. The maintained price target of $195 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100