PepsiCo (PEP) Tops Q2 EPS by 7c
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July 15, 2020 7:56 AM EDT
Guggenheim analyst Laurent Grandet reiterated a Buy rating and $151.00 price target on Pepsico (NASDAQ: PEP) following an investor call with management. Grandet thinks CEO Laguarta is taking aggressive steps to reposition the beverage business and capture market share that Grandet expects will provide strong,... More
July 13, 2020 6:06 AM EDT
By Nivedita Balu
(Reuters) - PepsiCo Inc (NASDAQ: PEP) beat analysts' estimates for quarterly revenue and profit on Monday, as people stocked up on its snacks including Tostitos, Cheetos and Doritos before hunkering down in their homes due to coronavirus-related restrictions.
The company's shares, which are down 1.6% to date in a tumultuous year for Wall Street, were up about 2% before the... More
