Rating Change
Citigroup reiterated its Neutral rating on PepsiCo, Inc. (NASDAQ:PEP) on October 09, 2026.
reiterateNASDAQ:PEP
Citigroup Reiterates Neutral Rating on PepsiCo, Inc. (PEP)
Citigroup reiterated its Neutral rating on PepsiCo, Inc. (NASDAQ:PEP) on October 09, 2026.
At publication ·
What changed
PepsiCo, Inc. (NASDAQ:PEP) · reiterate
- Firm
- Citigroup
- Rating
- Neutral to Neutral
- Price at event
- $125.97
- Market capitalization
- $203.8B
At a glance
Key takeaways
- Citigroup maintained a Neutral rating on PepsiCo (PEP) on October 9, 2026, with the stock trading at $125.97 and a market cap of $203.8 billion.
Market Context
PepsiCo, Inc. operates in the Consumer Defensive sector. The stock currently trades at $125.97 with a market capitalization of $203.8B. The stock has declined 12.4% over the past 52 weeks.
Analyst coverage from Citigroup provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for PepsiCo, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for PepsiCo, Inc.
Among the 10 most recent ratings: 3 Buy, 7 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 09, 2026 | Citigroup | Neutral | N/A |
| Oct 09, 2026 | JP Morgan | Neutral | N/A |
| Oct 09, 2026 | RBC Capital | Sector Perform | N/A |
| Oct 09, 2026 | Piper Sandler | Overweight | N/A |
| Oct 09, 2026 | BNP Paribas | Outperform | N/A |
Related Tools: Analyst Ratings Dashboard | View PEP Stock Page
Frequently Asked Questions
What does the Neutral rating mean for PEP?
A rating of Neutral from Citigroup reflects the analyst's outlook on PepsiCo, Inc. (NASDAQ:PEP). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the PEP forecast page.
