B of A Securities Maintains Buy on PepsiCo, Lowers Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on PepsiCo but lowered the price target from $190 to $185.
September 30, 2024 | 11:32 am
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NEUTRAL IMPACT
B of A Securities has maintained a Buy rating on PepsiCo but lowered the price target from $190 to $185.
The analyst's decision to maintain a Buy rating suggests continued confidence in PepsiCo's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100