JP Morgan Maintains Neutral on PepsiCo, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains a Neutral rating on PepsiCo and raises the price target from $182 to $185.
October 01, 2024 | 6:19 pm
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JP Morgan analyst Andrea Teixeira maintains a Neutral rating on PepsiCo, indicating no strong buy or sell recommendation, but raises the price target from $182 to $185, suggesting a slight positive outlook.
The Neutral rating suggests that the analyst does not see a strong reason to buy or sell PepsiCo stock at this time. However, the increase in the price target from $182 to $185 indicates a slightly more positive outlook on the company's future performance. This could lead to a stable or slightly positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100