RBC Capital Maintains Sector Perform on PepsiCo, Lowers Price Target to $176
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi maintains a Sector Perform rating on PepsiCo and slightly lowers the price target from $177 to $176.
October 04, 2024 | 5:21 pm
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NEUTRAL IMPACT
RBC Capital has maintained its Sector Perform rating on PepsiCo, while slightly lowering the price target from $177 to $176, indicating a neutral outlook.
The analyst's decision to maintain a Sector Perform rating suggests a neutral stance on PepsiCo's stock. The slight reduction in the price target from $177 to $176 indicates a minor adjustment in expectations, which is unlikely to significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100