Citigroup Maintains Neutral on PepsiCo, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Filippo Falorni maintains a Neutral rating on PepsiCo and has lowered the price target from $200 to $180.

October 11, 2023 | 3:48 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on PepsiCo and lowered the price target from $200 to $180.
The news directly pertains to PepsiCo as Citigroup has maintained a Neutral rating on the company and lowered the price target. This could potentially impact investor sentiment and the stock's price in the short term, although the Neutral rating suggests that the overall outlook for the stock remains unchanged.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100