The Vetr community has upgraded Pepsico, Inc. PEP from 2.5 to 3 stars. The company’s shares have traded up nearly 5 percent over the last three months, fueled by a positive first-quarter earnings report on April 26.
See how crowdsourced ratings can help predict the market?
Vetr members have given Pepsico a Hold rating and $113.38 price target. This price target is lower than the $118.77 price target from Wall Street analysts. The company opened Friday around $116.
Of all Vetr raters, 50 percent believe traders and investors should sell Pepsico stock.
For Vetr’s full analysis of Pepsico, go here.
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