PepsiCo closes flat after six sessions of losses
PepsiCo's stock closed flat at $143.74 after six sessions of losses, down 4.45% over six days and 2% over the past month. Analysts rate PEP as Hold, citing rising debt and weak cash flow. J.P. Morgan upgraded PEP to Overweight, expecting innovation and marketing to boost returns. PEP shares have fallen nearly 6% this year, underperforming the index's 17.5% gain.
Source: businessinsider The copyright of this article belongs to the original author/organization.
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