Dow closes at record but Facebook drags on S&P, Nasdaq
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- Wall St futures rise as AI stocks gain, oil prices slide
- Oil prices slide to 11-day low on hopes of US-Iran diplomacy, Saudi exports
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Anthropic and Accenture partner on embedded AI safety evaluation
Pepsico (PEP) PT Lowered to $116 at Deutsche Bank Following 3Q
October 3, 2018 8:14 AM EDTDeutsche Bank analyst Steve Powers lowered the price target on Pepsico (NASDAQ: PEP) to $116.00 (from $118.00) while maintaining a Hold rating following 3Q report. Organic growth of +5% came in ahead of expectations (DB +4.1%/Street +3.2%), driven by robust emerging market results. Organic growth for FLNA (+3%) and... More
Pepsico (PEP) PT Lowered to $116 at Citi Following 3Q
October 3, 2018 7:55 AM EDTCiti analyst Wendy Nicholson lowered the price target on Pepsico (NASDAQ: PEP) to $116.00 (from $118.00) while maintaining a Neutral rating following 3Q. PEP reported EPS of $1.59, which was two cents above consensus, driven by slightly higher-than-expected net sales growth and a much... More
