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Actionable news in PEP: PEPSICO Inc,

PepsiCo (PEP) Stock Fizzles, Stifel Nicolaus Downgrades, Lack of Growth Drivers

NEW YORK (TheStreet) -- PepsiCo (PEP - Get Report) shares are declining 0.95% to $103.13 in Thursday's pre-market trading session after Stifel Nicolaus issued a bearish note to investors this morning.

The firm downgraded the beverage and snack maker to "hold" from "buy," noting that the rating change was a valuation call.

In addition to this sentiment, analysts also see a shortage of growth catalysts.

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