This PepsiCo Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Tuesday

JP Morgan analyst Andrea Teixeira downgraded PepsiCo, Inc. (NASDAQ: PEP) from Overweight to Neutral and reduced the price target from $170 to $138. PepsiCo's shares closed at $128.50 on Monday. This downgrade is part of a broader trend, as several companies, including Ryder System and Warner Bros. Discovery, also received downgrades from various analysts.