PepsiCo (PEP) Tops Q4 EPS by 1c; Raises Dividend 15%, Announces $15B Buyback

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Go back to PepsiCo (PEP) Tops Q4 EPS by 1c; Raises Dividend 15%, Announces $15B Buyback

Pepsico (PEP) PT Lowered to $129 at Deutsche Bank on 4Q Report; 'Disappointed in Margin Performance... Concerned About 4Q Earnings Quality'

February 14, 2018 7:00 AM EST

Deutsche Bank lowered its price target on Pepsico (NASDAQ: PEP) to $129.00 (from $133.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.

Analyst Steve Powers notes a cautious outlook on the shares, as PEP reported fourth quarter earnings per share and revenue... More