This PepsiCo Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday

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.

• Jefferies analyst Kaumil Gajrawala downgraded the rating for PepsiCo, Inc. PEP from Buy to Hold and lowered the price target from $171 to $170. PepsiCo shares closed at $152.33 on Tuesday. See how other analysts view this stock.
• Ladenburg Thalmann analyst Jeffrey Cohen downgraded Zynex, Inc. ZYXI from Buy to Neutral. Zynex shares closed at $7.00 on Tuesday. See how other analysts view this stock.
• Wedbush analyst Robert Driscoll downgraded Arvinas, Inc. ARVN from Outperform to Neutral and lowered the price target from $57 to $12. Arvinas shares closed at $8.30 on Tuesday. See how other analysts view this stock.
• UBS analyst Graham Doyle downgraded the rating for Smith & Nephew plc SNN from Buy to Neutral. Smith & Nephew shares closed at $29.84 on Tuesday. See how other analysts view this stock.
• William Blair analyst Maggie Nolan downgraded Magic Software Enterprises Ltd. MGIC from Outperform to Market Perform. Magic Software shares closed at $13.39 on Tuesday. See how other analysts view this stock.

Considering buying PEP stock? Here’s what analysts think:

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