PEP Stock Faces Fresh Test: Deutsche Bank Flags Concerns Over PepsiCo’s North America Recovery

PepsiCo Inc. (PEP) stock was in focus on Monday after Deutsche Bank downgraded the shares to 'Hold' from 'Buy' and lowered its price target to $138 from $155, citing weaker visibility into recovery in the company’s North American food business.PEP shares were trading marginally lower in premarket t…