Higher prices, healthier snacks drive PepsiCo profit beat
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Pepsico (PEP) PT Raised to $126 at Credit Suisse on 2Q Report; 'Additional Investments Ahead to Support Growth'
July 12, 2017 7:52 AM EDTCredit Suisse raised its price target on Pepsico (NYSE: PEP) to $126.00 (from $124.00) while maintaining a Outperform rating, following the company's second quarter earnings report.
Analyst Laurent Grandet notes the company delivered second quarter earnings per share results in-line with consensus projections fueled by... More
Pepsico (PEP) PT Raised to $133 at Jefferies Following 2Q Beat
July 12, 2017 7:14 AM EDTJefferies raised its price target on Pepsico (NYSE: PEP) to $133.00 (from $130.00) while maintaining a Buy rating following the company's 2Q earnings report. Despite the difficult global macro/recent industry slowdown, PEP delivered both top and bottom-line beats. PEPs $1.50 in 2Q EPS came in $0.10... More
