UPDATE: Pepsi (PEP) Tops Q3 EPS by 9c; Boosts FY15 FX-Neutral EPS Growth Outlook

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Go back to UPDATE: Pepsi (PEP) Tops Q3 EPS by 9c; Boosts FY15 FX-Neutral EPS Growth 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