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PepsiCo (PEP) volatility flat at 19 Janney Capital downgrade to Neutral

November 11, 2011 9:39 AM EST
PepsiCo (NYSE: PEP) was downgraded to Neutral from Buy at Janney Capital saying its acquisition strategy the past two years hasn't cut it. Overall option implied volatility of 19 is near its 26-week average according Track Data.


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