Citigroup Downgrades PepsiCo to Neutral, Lowers Price Target to $145

Benzinga Newsdesk www.benzinga.com Negative 90.1%

Neg 90.1% Neu 0% Pos 0%

Citigroup analyst Filippo Falorni downgrades PepsiCo (NASDAQ:PEP) from Buy to Neutral and lowers the price target from $170 to $145.