PepsiCo Declares Quarterly Dividend

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Evercore ISI Recap on Pepsico (PEP) Q4 2023 Earnings

February 9, 2024 8:06 AM UTC

Evercore ISI analyst Robert Ottenstein reiterated an In Line rating and $180.00 price target on Pepsico (NASDAQ: PEP)

The analyst comments "PEP reported 4Q23 EPS of $1.78 vs. Street $1.72, as weaker than expected volumes were more than offset by OM% beat. Organic revenue +4.5% vs. Street +6.2%, with pricing +9% vs. Street +8.1% and volume -4% below Street -2.0%. Convenient foods... More

Deutsche Bank First Take on Pepsico (PEP) Q4 2023 Earnings: 'we expect shares could finish more neutrally'

February 9, 2024 8:04 AM UTC

Deutsche Bank analyst Steve Powers reiterated a Hold rating and $184.00 price target on Pepsico (NASDAQ: PEP)

The analyst comments "While PEP shares are indicating down in pre-market (partially reversing strength seen over the last two weeks into results), we expect shares could finish more neutrally (as consensus EPS estimates for FY24 are likely to... More