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Pepsico (PEP) PT Raised to $124 at Cowen Following 2Q Report

July 11, 2018 9:19 AM EDT

Cowen 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