PepsiCo Reports Third Quarter 2015 Results and Increases Full Year Core Constant Currency Earnings Outlook

Go back to PepsiCo Reports Third Quarter 2015 Results and Increases Full Year Core Constant Currency Earnings Outlook

UBS Raises Price target on Pepsi (PEP) Following 3Q EPS Beat

October 7, 2015 8:27 AM EDT

UBS reiterated a Buy rating on Pepsico (NYSE: PEP), and raised the price target to $108.00 (from $107.00), following the company's 3Q15 earnings results. PEP reported $1.35 in adjusted EPS vs. consensus of $1.26.

Analyst Stephen Powers commented, "PEP delivered another beat in Q3, reporting $1.35 in... More

Cowen Raises Price target on Pepsi (PEP) to $108 Following 3Q Earnings Call

October 6, 2015 2:14 PM EDT

Cowen reiterated an Outperform rating on Pepsico (NYSE: PEP), and raised the price target to $108.00 (from $103.00), following the company's 3Q15 earnings call. PEP's 3Q15 EPS call focused on productivity. In 3Q15, North America Beverages were up a robust 3%, reflecting the benefits of PEP's diversified... More