BNP Paribas Maintains Outperform on PepsiCo, Lowers Price Target to $161
BNP Paribas analyst Kevin Grundy maintains PepsiCo (NASDAQ:PEP) with a Outperform and lowers the price target from $183 to $161.
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Why It Matters
A big bank analyst still likes PepsiCo but thinks the stock price should be lower. This shows they see some worry ahead, even though they still believe in the company.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.