PepsiCo (PEP) (PWR) (PXD) (RNST) Downgraded

PepsiCo, Inc. (NYSE: PEP), Quanta Services, Inc. (NYSE: PWR), Pioneer Natural Resources (NYSE: PXD) and Renasant Corp. (NASDAQ: RNST) were downgraded by analysts.

PepsiCo, Inc. (PEP) was downgraded by Janney Montgomery Scott from a “Buy” rating to a “Neutral” rating.

Quanta Services, Inc. (PWR) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $20.00 on the company, down from $27.00.

Pioneer Natural Resources (PXD) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating. They have a price target of $100.00 on the company.

Renasant Corp. (RNST) was downgraded by Keefe, Bruyette & Woods, Inc from an “Outperform” rating to a “Market Perform” rating.