Deutsche Bank and Citigroup Downgrade PepsiCo, Cut Price Targets
On September 24 and 28, 2026, Citigroup and Deutsche Bank respectively lowered their price targets and ratings for PepsiCo. Citigroup cut its target from $145 to $142, while Deutsche Bank downgraded the stock from Buy to Hold and reduced its target from $155 to $138. Both revisions reflect a more cautious outlook on the beverage and snack giant, though specific reasons were not detailed.
IllustrationEditorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page reads the event directly, while its address stays stable when the title changes.
- Summary covers the current reports
Cross-source coverage
Reporting timeline
Deutsche Bank Downgrades PepsiCo to Hold, Cuts Target to $138 From $155
On September 28, Deutsche Bank downgraded its rating on PepsiCo from 'Buy' to 'Hold' and lowered its price target from $155 to $138, according to a report from financial news outlet Cailianshe. The downgrade reflects a more cautious outlook on the beverage and snack giant's stock performance. The new target price implies a reduced valuation expectation compared to the previous target. The report does not specify the reasons behind Deutsche Bank's decision, but the adjustment represents a notable shift in analyst sentiment toward PepsiCo shares.
Deutsche Bank Cuts PepsiCo Price Target to $138, Downgrades to Hold
On September 28, Deutsche Bank revised its outlook on PepsiCo, lowering the price target from $155 to $138 and downgrading the stock rating from 'Buy' to 'Hold'. The adjustment reflects the bank's updated assessment of the company's near-term prospects, though specific reasons for the downgrade were not detailed in the brief report. The new target price implies a modest upside from current levels, but the shift to a neutral rating suggests analysts see limited near-term catalysts for significant share price appreciation. The announcement was made via a note from Deutsche Bank analysts, as reported by Chinese financial news outlet Cailianshe.
Read sourceDeutsche Bank Downgrades PepsiCo to Hold, Cuts Price Target to $138 from $155
Deutsche Bank has downgraded its rating on PepsiCo (PEP.O) from Buy to Hold and lowered its price target from $155 to $138. The revision reflects the bank's updated assessment of the company's prospects, as stated in a research note. The new target price implies a lower valuation for the beverage and snack giant compared to the previous forecast. The downgrade and target cut were reported by financial data provider Jin10.
Read sourceShow 5 older updatesHide older updates
Deutsche Bank Downgrades PepsiCo to 'Hold', Sets Target Price at $138
On September 28, financial news outlet Cailianshe reported that Deutsche Bank has downgraded its rating on PepsiCo shares from a previous level to 'Hold'. The German bank also set a new price target for the stock at $138. This analyst action reflects a revised outlook on the beverage and snack giant's valuation or near-term prospects. The downgrade and target price adjustment are attributed to Deutsche Bank's analysts, as per the report.
Read sourceDeutsche Bank Downgrades PepsiCo to 'Hold' Rating, Sets Target Price at $138
On September 28, 2026, Deutsche Bank downgraded its rating on PepsiCo (Pepsi-Cola) from a previous level to 'Hold', setting a target price of $138 per share. The announcement was reported by Cailian Press and published on East Money's company news channel. The downgrade reflects a cautious outlook on the stock, though specific reasons for the rating change were not detailed in the brief report. The target price of $138 suggests limited upside potential from current levels, according to the analyst's assessment. The article is a concise market update typical of financial news wires, attributed to Deutsche Bank's research team.
Citigroup Lowers PepsiCo Price Target to $142 From $145 on September 24
On September 24, financial services firm Citigroup (Citi) lowered its price target for PepsiCo shares from $145 to $142, according to a report from Chinese financial news outlet Cailianshe. The revision represents a $3 reduction in the analyst's valuation of the beverage and snack company. No specific reasons for the downgrade were provided in the brief dispatch. The new target price implies a modest downward adjustment in Citi's expectations for PepsiCo's stock performance. The report is attributed to Citi's analyst team and was published on the afternoon of September 24, Beijing time.
Read sourceCitigroup Lowers PepsiCo Price Target to $142 From $145
In a research note, Citigroup analysts lowered their price target for PepsiCo (PEP.O) to $142 from $145. The revision represents a modest reduction in the bank's valuation outlook for the beverage and snack giant. The previous target of $145 was set at an earlier date. The new target of $142 reflects Citigroup's updated assessment of PepsiCo's prospects. The note did not specify the reasons for the downgrade or provide a new rating. The stock is traded on the New York Stock Exchange under the ticker PEP. The information was disseminated by financial news outlet Jin10 (金十数据).
Citigroup Lowers PepsiCo Price Target to $142 From $145
According to a report from financial news outlet Cailian She, published on East Money's company news channel, Citigroup has lowered its price target for PepsiCo shares from $145 to $142. The adjustment represents a modest reduction in the bank's valuation of the beverage and snack giant. The report does not specify the reasons behind the target change or provide any additional context regarding PepsiCo's recent performance or market conditions. The information is attributed to Citigroup's analyst team and was disseminated by East Money with a disclaimer that the content is for informational purposes only and does not constitute investment advice.
Read source