Exane BNP Paribas Initiates Coverage On PepsiCo with Neutral Rating, Announces Price Target of $174
Portfolio Pulse from Benzinga Newsdesk
Exane BNP Paribas has initiated coverage on PepsiCo (NASDAQ:PEP) with a Neutral rating and set a price target of $174.
June 24, 2024 | 10:15 am
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NEUTRAL IMPACT
Exane BNP Paribas has initiated coverage on PepsiCo with a Neutral rating and set a price target of $174.
The Neutral rating suggests that the analyst does not expect significant short-term movement in PepsiCo's stock price. The price target of $174 is close to the current trading price, indicating limited upside potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100