PepsiCo raises profit forecast as soda demand jumps, plans price increases
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Pepsico (PEP) PT Raised to $171 at Guggenheim
July 13, 2021 6:05 PM EDTGuggenheim analyst Laurent Grandet raised the price target on Pepsico (NASDAQ: PEP) to $171.00 (from $160.00) while maintaining a Buy rating.
The analyst commented, "PepsiCo reported exceptionally strong 2Q results with nearly 13% organic top-line growth and EPS of $1.72 that, in our view, gives the company... More
Pepsico (PEP) PT Raised to $185 at Cowen
July 13, 2021 6:04 PM EDTCowen analyst Vivien Azer raised the price target on Pepsico (NASDAQ: PEP) to $185.00 (from $165.00) while maintaining an Outperform rating.
The analyst commented, "PEP delivered a robust beat, reporting $1.72 in EPS (vs. the Street's $1.53). Strength was broad-based in the quarter, led by strong DD... More
