Advertising blitz, sugar-free Gatorade drive PepsiCo profit beat
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SunTrust Reiterates Hold Rating on Pepsico (PEP)
October 4, 2019 8:33 AM EDTSunTrust analyst Bill Chappell reiterated a Hold rating and $125.00 price target on Pepsico (NASDAQ: PEP) following the company's 3Q earnings report. For 3Q, PEP reported net sales of $17.19B above the consensus estimate of $16.93B. Core EPS was $1.56, above consensus estimate of $1.50.
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