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PEP Stock Gets A Downgrade From JPMorgan — Firm Flags Frito-Lay Weakness

PepsiCo Inc. (PEP) stock was in focus Tuesday after JPMorgan downgraded the shares to 'Neutral' from 'Overweight' and cut its price target to $138 from $170, according to TheFly.JPMorgan said tracked channel data and recent price-increase announcements suggest PepsiCo's North American trends have l…

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