PepsiCo (PEP) to Build New 'State-of-the-Art' Manufacturing Facility

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PepsiCo (PEP) Buys 152 Acres Of Land For Denver Plant - Bloomberg

July 13, 2022 10:03 AM EDT

PepsiCo (NASDAQ: PEP) Buys 152 Acres Of Land For Denver Plant - Bloomberg

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Pepsico (PEP) PT Lowered to $181 at Jefferies

July 13, 2022 7:52 AM EDT

Jefferies analyst Kevin Grundy lowered the price target on Pepsico (NASDAQ: PEP) to $181.00 (from $188.00) while maintaining a Hold rating following "safe and sound" EPS.

The analyst commented, "We edge our '22-24 EPS ests. higher, though trim our PT to $181 ($188 prior; lower market
multiple) post... More

Pepsico (PEP) PT Raised to $170 at Credit Suisse

July 13, 2022 6:48 AM EDT

Credit Suisse analyst Kaumil Gajrawala raised the price target on Pepsico (NASDAQ: PEP) to $170.00 (from $168.00) while maintaining a Neutral rating.... More

Pepsico (PEP) PT Raised to $192 at UBS

July 12, 2022 11:20 PM EDT

UBS analyst Peter Grom raised the price target on Pepsico (NASDAQ: PEP) to $192.00 (from $182.00) while maintaining a Buy rating.... More

PepsiCo Stock Pops on Raised Revenue Guidance, Seen as a 'Nice Positive Surprise'

July 12, 2022 7:57 AM EDT

Shares of PepsiCo (NASDAQ: PEP) are up over 1% in pre-open Tuesday after the company raised its full-year revenue guidance.

PEP reported Q2 EPS of $1.86 to beat the analyst estimate of $1.74. Revenue for the quarter came in at $20.23 billion versus the consensus estimate of... More

PepsiCo says snacks, sodas could get pricier after scant consumer pushback

July 12, 2022 6:13 AM EDT

By Uday Sampath Kumar

(Reuters) -PepsiCo Inc raised its full-year revenue forecast on Tuesday and said it could increase prices further in the coming months, with the beverage giant seeing little impact on demand for its sodas and snacks despite decades-high inflation.

Pandemic-induced disruptions to the global supply chain and surging raw material costs forced PepsiCo, like other packaged food makers, to increases prices for its products, and some retailers have pushed... More

PepsiCo (PEP) Tops Q2 EPS by 12c; Revenues Beat; Raises Revenue Outlook

July 12, 2022 6:05 AM EDT

PepsiCo (NASDAQ: PEP) reported Q2 EPS of $1.86, $0.12 better than the analyst estimate of $1.74. Revenue for the quarter came in at $20.23 billion versus the consensus estimate of $19.51 billion.

GUIDANCE:

PepsiCo sees FY2022 EPS of $6.63, versus the consensus of $6.66. The Company now... More