Deutsche Bank Downgrades PepsiCo to 'Hold' with $138 Price Target
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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.
Source report
Date: September 28, 2026 Source: Cailianshe
Deutsche Bank has downgraded its rating on PepsiCo (NYSE: PEP) to "Hold" and set a price target of $138 per share.
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Source
东方财富网-公司资讯Neutral / independent
Part of this Story
PepsiCo faces dual analyst downgrades as Deutsche Bank cuts target to $138, Citi to $142