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Credit Suisse Downgrades PepsiCo To Neutral Amid 'Increased Caution' For Entire Sector
Friday, September 8, 2017 - 10:22am | 369Analysts at Credit Suisse turned cautious on the entire U.S. beverage industry which prompted a downgrade of PepsiCo, Inc. (NYSE: PEP). The firm's Laurent Grandet downgraded PepsiCo's stock rating from Outperform to Neutral with a price target lowered from $126 to $124. PepsiCo's success over the...