JP Morgan Maintains Neutral on PepsiCo, Lowers Price Target to $183
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains a Neutral rating on PepsiCo and lowers the price target from $185 to $183.
October 09, 2024 | 8:05 pm
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NEUTRAL IMPACT
JP Morgan has maintained its Neutral rating on PepsiCo but slightly lowered the price target from $185 to $183, indicating a cautious outlook.
The Neutral rating suggests that JP Morgan does not expect significant short-term movement in PepsiCo's stock price. The slight reduction in the price target reflects a modestly cautious outlook, but not enough to change the overall rating.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100