PepsiCo (PEP) Tops Q3 EPS by 1c, Revenues Beat; Offers FY19 EPS Outlook Below Consensus

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Pepsico (PEP) PT Lowered to $116 at Deutsche Bank Following 3Q

October 3, 2018 8:14 AM EDT

Deutsche Bank analyst Steve Powers lowered the price target on Pepsico (NASDAQ: PEP) to $116.00 (from $118.00) while maintaining a Hold rating following 3Q report. Organic growth of +5% came in ahead of expectations (DB +4.1%/Street +3.2%), driven by robust emerging market results. Organic growth for FLNA (+3%) and... More

Pepsico (PEP) PT Lowered to $116 at Citi Following 3Q

October 3, 2018 7:55 AM EDT

Citi analyst Wendy Nicholson lowered the price target on Pepsico (NASDAQ: PEP) to $116.00 (from $118.00) while maintaining a Neutral rating following 3Q. PEP reported EPS of $1.59, which was two cents above consensus, driven by slightly higher-than-expected net sales growth and a much... More

Pepsico (PEP) PT Raised to $115 at RBC Capital

October 3, 2018 6:33 AM EDT

RBC Capital analyst Nik Modi raised the price target on Pepsico (NASDAQ: PEP) to $115.00 (from $111.00) while maintaining a Sector Perform rating following results.

Modi noted organic growth +5% was an encouraging beat and acceleration from 1H18, but this spike in growth was not cheap with operating margin contracting 70 bps Y/Y.

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Pepsico (PEP) PT Lowered to $133 at Susquehanna

October 2, 2018 11:56 AM EDT

Susquehanna analyst Pablo Zuanic lowered the price target on Pepsico (NASDAQ: PEP) to $133.00 (from $135.00) while maintaining a Positive rating.

Zuanic notes EBIT miss in 3Q, guidance tweak pointing to some margin pressure in 2H, and the uncertainty from a new CEO starting... More

Pepsico (PEP) PT Raised to $122 at Macquarie

September 28, 2018 6:20 AM EDT

Macquarie analyst Caroline Levy raised the price target on Pepsico (NASDAQ: PEP) to $122.00 (from $120.00) while maintaining a Outperform rating.

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