By coinnews 
00:00 Speaker A
It’s now time for some of today’s trending tickers. Scan the QR code below to track the best and worst performing stocks of the session with Yahoo Finance’s trending tickers page. First up, US listed shares of Grab Holdings. They are rising after the ride hailing and food delivery company said it’s going ahead with its attempted takeover of rival GoTo Group. This is according to Bloomberg’s. Now, Grab is assessing GoTo’s accounts and operations. Talks are reportedly ongoing but may not lead to a transaction, according to people familiar with the matter. Grab Holdings is backed by Uber. Next up, PepsiCo, downgraded to equal weight from overweight at Barclays. The price target reduced to $156 a share from $168. The analyst citing some concerns over the snacking business, particularly in the Pepsi branded Frito-Lay’s, which is seeing six sequential quarters of volume declines. The analyst also says the economic pressures have weighed on the snack market overall. And finally here, Ralph Lauren, getting an upgrade to buy from neutral at Goldman Sachs. Price target set to $286 a share there. That is 30% upside from the stocks last closed. The analyst sees recent volatility in consumer discretionary as a buying opportunity in strong brands. The analyst saying improving execution and brand momentum will help gain market share and expand margins. The analyst also mentions that Ralph Lauren has limited exposure to risks like tariffs, department store slowdowns, and health of lower income shoppers versus competitors.