PepsiCo beverage sales signal gradual recovery, shares rise
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Pepsico (PEP) PT Raised to $124 at Cowen Following 2Q Report
July 11, 2018 9:19 AM EDTCowen raised its price target on Pepsico (NASDAQ: PEP) to $124.00 (from $120.00) while maintaining a Outperform rating following the company's 2Q earnings report. PEP reported 2Q18 EPS of $1.61, ahead of consensus, as the company posted continued strength in FLNA and a sequential improvement in... More
Pepsico (PEP) PT Raised to $127 at Morgan Stanley Following 2Q
July 11, 2018 7:57 AM EDTMorgan Stanley raised its price target on Pepsico (NASDAQ: PEP) to $127.00 (from $123.00) while maintaining a Overweight rating following the company's 2Q. Q2 EPS was better than expected, with +2.6% organic sales growth, ahead of the 2.2% consensus and market expectations in the +1.5-2% range,... More
