Morgan Stanley Backs Away from Pepsico (PEP) Recommendation

July 22, 2011 11:20 AM EDT
Get Alerts PEP Hot Sheet
Price: $143.48 +0.99%

Rating Summary:
    15 Buy, 20 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Shares of Pepsico, Inc. (NYSE: PEP) are weak for the second day after Morgan Stanley removed the stock from its Best Ideas list citing a lack of near term catalysts after a cautious outlook.

Shares of PEP are down 1.2% today after dropping 3.5% yesterday.


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