Barclays Maintains Overweight on PepsiCo, Lowers Price Target to $186
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Overweight rating on PepsiCo but slightly lowers the price target from $187 to $186.
October 04, 2024 | 2:13 pm
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Barclays analyst Lauren Lieberman maintains an Overweight rating on PepsiCo, indicating confidence in the company's performance, but slightly lowers the price target from $187 to $186.
The Overweight rating suggests continued confidence in PepsiCo's performance, but the slight reduction in the price target may indicate minor concerns or adjustments in valuation. The impact on the stock price is likely neutral as the change is minimal.
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IMPORTANCE 70
RELEVANCE 100