Jefferies Initiates Coverage On PepsiCo with Buy Rating, Announces Price Target of $203
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Kaumil Gajrawala has initiated coverage on PepsiCo (NASDAQ:PEP) with a Buy rating and set a price target of $203.

November 13, 2023 | 11:49 am
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Jefferies analyst Kaumil Gajrawala has given PepsiCo a Buy rating with a price target of $203, indicating a positive outlook for the stock.
Analyst ratings, especially from reputable firms like Jefferies, can influence investor sentiment and stock prices in the short term. A Buy rating combined with a high price target suggests an expectation of strong performance, which could lead to increased investor interest and a potential rise in PepsiCo's stock price.
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