Pepsico (PEP) PT Raised to $185 at Cowen
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Pepsico (PEP) PT Raised to $171 at Guggenheim
July 13, 2021 6:05 PM EDTGuggenheim analyst Laurent Grandet raised the price target on Pepsico (NASDAQ: PEP) to $171.00 (from $160.00) while maintaining a Buy rating.
The analyst commented, "PepsiCo reported exceptionally strong 2Q results with nearly 13% organic top-line growth and EPS of $1.72 that, in our view, gives the company... More
Pepsico (PEP) PT Raised to $160 at Truist Securities, Following Earnings
July 13, 2021 2:37 PM EDTTruist Securities analyst Bill Chappell raised the price target on Pepsico (NASDAQ: PEP) to $160.00 (from $135.00) while maintaining a Hold rating.
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PepsiCo (PEP) Tops Q2 EPS by 19c, Raises Outlook
July 13, 2021 6:08 AM EDTPepsiCo (NASDAQ: PEP) reported Q2 EPS of $1.72, $0.19 better than the analyst estimate of $1.53. Revenue for the quarter came in at $19.22 billion versus the consensus estimate of $17.97 billion.
GUIDANCE:
PepsiCo sees FY2021 EPS of $6.20, versus the consensus of $6.09.
The... MorePepsiCo raises profit forecast as soda demand jumps, plans price increases
July 13, 2021 6:06 AM EDTBy Uday Sampath Kumar
(Reuters) -PepsiCo Inc will increase the prices of its products this year, the company said on Tuesday after it raised its full-year earnings forecast on surging demand for its sodas from pandemic-weary people flocking to restaurants and theaters.
A host of factors, including disruptions in global supply chains and rising demand, has pushed up raw-material prices, forcing packaged food companies such as PepsiCo and rival Coca-Cola Co to pass on costs to consumers.
The... More
