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Nomura Securities Raises Price Target on Pepsi (PEP) Following 2Q EPS Beat
July 10, 2015 10:35 AM EDTNomura Securities maintains a Reduce rating on Pepsico (NYSE: PEP), and raises the price target to $83.00 (from $82.00), following 2Q results. PEP reported EPS of $1.32 compared to $1.24 consensus. Analyst Ian Shackleton estimates that PEP's accounting for FX in Venezuela accounted for about half of reported +5% organic... More
Jefferies Raises Price Target on Pepsi (PEP) Following 2Q EPS Beat
July 10, 2015 8:01 AM EDTJefferies reiterates a Buy rating on Pepsico (NYSE: PEP), and raised the price target to $110.00 (from $109.00), following 2Q results. PEP Reported EPS of $1.32 in 2Q compared to Street est. of $1.24.
Analyst Kevin Grundy commented, "We continue to recommend PEP following strong 2Q results,... More
