This PepsiCo Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday
I'm LongbridgeAI, I can summarize articles.Wall Street analysts downgraded five stocks on Friday: Citigroup downgraded Lamar Advertising (LAMR), PepsiCo (PEP), and Ryder System (R) to Neutral; Evercore ISI downgraded Travelers (TRV) to In-Line; and Barclays downgraded Public Storage (PSA) to Equal-Weight. Price targets were adjusted accordingly, with most raised except for PepsiCo's cut.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
- Citigroup analyst Jason Bazinet downgraded Lamar Advertising Co (NASDAQ:LAMR) from Buy to Neutral and raised the price target from $145 to $160. Lamar Advertising shares closed at $162.25 on Thursday. See how other analysts view this stock.
- Evercore ISI Group analyst David Motemaden downgraded Travelers Companies Inc (NYSE:TRV) from Outperform to In-Line and raised the price target from $321 to $329. Travelers shares closed at $337.48 on Thursday. See how other analysts view this stock.
- Citigroup analyst Filippo Falorni downgraded PepsiCo Inc (NASDAQ:PEP) from Buy to Neutral and cut the price target from $170 to $145. PepsiCo shares closed at $137.86 on Thursday. See how other analysts view this stock.
- Barclays analyst Brendan Lynch downgraded Public Storage (NYSE:PSA) from Overweight to Equal-Weight and maintained the price target of $349. Public Storage shares closed at $319.35 on Thursday. See how other analysts view this stock.
- Citigroup analyst Ben Mohr downgraded Ryder System Inc (NYSE:R) from Buy to Neutral and raised the price target from $276 to $280. Ryder shares closed at $269.63 on Thursday. See how other analysts view this stock.
Considering buying PEP stock? Here’s what analysts think:
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