Barclays Maintains Overweight on PepsiCo, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Overweight rating on PepsiCo (NASDAQ:PEP) and raises the price target from $184 to $185.
April 25, 2024 | 6:32 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Barclays maintains an Overweight rating on PepsiCo and raises the price target from $184 to $185.
The increase in the price target by Barclays reflects a positive outlook on PepsiCo's stock, suggesting confidence in the company's future performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100