Barclays Maintains Overweight on PepsiCo, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Overweight rating on PepsiCo (NASDAQ:PEP) but lowers the price target from $185 to $180.
June 12, 2024 | 10:13 am
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Barclays analyst Lauren Lieberman maintains an Overweight rating on PepsiCo but lowers the price target from $185 to $180.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on PepsiCo's stock price.
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