Barclays Maintains Overweight on PepsiCo, Lowers Price Target to $183
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Overweight rating on PepsiCo but lowers the price target from $186 to $183.
October 10, 2024 | 2:32 pm
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NEUTRAL IMPACT
Barclays analyst Lauren Lieberman maintains an Overweight rating on PepsiCo but lowers the price target from $186 to $183, indicating a slightly less optimistic outlook.
The Overweight rating suggests continued confidence in PepsiCo's performance, but the lowered price target indicates a slightly less optimistic view on its short-term price potential. This mixed signal is likely to have a neutral impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100