PepsiCo (PEP) option IV elevated into quarter results

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Goldman Sachs First Take on Pepsico (PEP) Q4 2023 Earnings: 'we think the stock will likely underperform today'

February 9, 2024 8:33 AM EST

Goldman Sachs analyst Bonnie Herzog reiterated a Buy rating and $200.00 price target on Pepsico (NASDAQ: PEP).

The analyst comments "Our View - PEP reported mixed Q4 results, with slightly softer topline growth that was more than offset by healthy gross margin expansion, leading to a... More

Evercore ISI Recap on Pepsico (PEP) Q4 2023 Earnings

February 9, 2024 8:06 AM EST

Evercore ISI analyst Robert Ottenstein reiterated an In Line rating and $180.00 price target on Pepsico (NASDAQ: PEP)

The analyst comments "PEP reported 4Q23 EPS of $1.78 vs. Street $1.72, as weaker than expected volumes were more than offset by OM% beat. Organic revenue +4.5% vs. Street +6.2%, with pricing +9% vs. Street +8.1% and volume -4% below Street -2.0%. Convenient foods... More

Deutsche Bank First Take on Pepsico (PEP) Q4 2023 Earnings: 'we expect shares could finish more neutrally'

February 9, 2024 8:04 AM EST

Deutsche Bank analyst Steve Powers reiterated a Hold rating and $184.00 price target on Pepsico (NASDAQ: PEP)

The analyst comments "While PEP shares are indicating down in pre-market (partially reversing strength seen over the last two weeks into results), we expect shares could finish more neutrally (as consensus EPS estimates for FY24 are likely to... More