Hari Avula Appointed to Board of Guayakí Yerba Mate
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/19/2026
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Tech selloff weighs down Wall Street as bond yields climb
- Francisco Partners to acquire Weave Communications for $650M
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Goldman Sachs to acquire real estate company LCN for up to $410M
- BofA raises hyperscaler AI capex outlook to $3.6tn through 2028
PepsiCo cut at Morgan Stanley as 'fundamental struggles continue'
September 20, 2024 7:07 AM EDTMorgan Stanley downgraded PepsiCo (NASDAQ: PEP) from Overweight to Equal-weight in a note Friday, citing ongoing challenges with topline growth and market share losses. The firm maintained a $185 price target on the stock.
Morgan Stanley lowered its organic sales growth (OSG) and earnings-per-share (EPS) estimates, highlighting persistent softness in the U.S. market and muted category growth despite recent efforts by PepsiCo to boost spending and promotions.
Morgan Stanley had... More
