Pre-Open Stock Movers 07/09: (CRV) (MM) (VNET) Higher; (QLGC) (ANTH) (WDFC) Lower (more...)
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- Stocks and yen struggle as tech troubles weigh
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen hits fresh 34-year lows against dollar ahead of BOJ meeting
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
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
