RBC Capital Reiterates Sector Perform on PepsiCo, Maintains $176 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has reiterated a Sector Perform rating for PepsiCo (NASDAQ:PEP) and maintained a price target of $176.
October 09, 2024 | 2:55 pm
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RBC Capital has reiterated its Sector Perform rating for PepsiCo, maintaining a price target of $176. This suggests a neutral outlook on the stock's performance.
The reiteration of a Sector Perform rating and maintenance of the price target at $176 by RBC Capital indicates that the analyst expects PepsiCo's stock to perform in line with the sector. This suggests no significant short-term price movement is expected based on this rating alone.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100