JP Morgan Downgrades PepsiCo to Neutral, Lowers Price Target to $138
9/29/2026
Impact: -85
Consumer Defensive
JP Morgan analyst Andrea Teixeira has downgraded PepsiCo (NASDAQ: PEP) from Overweight to Neutral, reducing the price target from $170 to $138. This change reflects a shift in the firm's outlook on the company's performance.
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