Pepsi (PEP) Tops Q4 EPS by 4c; Guides Below the Street
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PepsiCo (PEP) PT Raised to $120 at Jefferies Following Strong 4Q Result
February 16, 2017 8:07 AM ESTJefferies analyst Kevin Grundy reiterates Buy rating and raises price target on PepsiCo Inc. (NYSE: PEP) to $120 (from $118), noting increased EPS visibility and margin improvement, as the company reported 2016 fourth quarter EPS above estimates.
Grundy comments, "We continue to recommend PEP following solid... More
