JP Morgan Downgrades PepsiCo to Neutral, Lowers Price Target to $138

Benzinga Newsdesk www.benzinga.com Negative 92.3%

Neg 92.3% Neu 0% Pos 0%

JP Morgan analyst Andrea Teixeira downgrades PepsiCo (NASDAQ:PEP) from Overweight to Neutral and lowers the price target from $170 to $138.