PepsiCo (PEP) Tops Q2 EPS by 7c
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Guggenheim Reiterates Buy Rating on Pepsico (PEP) Following Investor Call
July 15, 2020 7:56 AM EDTGuggenheim 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
PepsiCo's results beat as lockdowns boost snack sales
July 13, 2020 6:06 AM EDTBy 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
