Futures tick higher amid earnings deluge, revised 2023 inflation data

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Take-Two Interactive (TTWO) PT Lowered to $180 at Wolfe Research

February 12, 2024 6:11 AM EST

Wolfe Research analyst Peter Supino lowered the price target on Take-Two Interactive (NASDAQ: TTWO) to $180.00 (from $186.00) while maintaining a Outperform rating.

The analyst comments "TTWO is still about GTA, and it looks like GTA slipped a few months. While F3Q'24 GAAP... More

Deutsche Bank Cautious on Pepsico (PEP), 'Waiting Game'

February 12, 2024 5:21 AM EST

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

The analyst comments "A weaker finish to FY23 (which confirmed the known deceleration in FLNA/PBNA and discrete challenges from the QFNA recall), together with reduced organic growth guidance in FY24 (now 4%+ vs. 6% prior), contributed to market skepticism today (given a back-half skew of PEP's outlook and PEP's commentary around a current slowdown in food/beverage category growth in the US). In all, this resulted in PEP's shares underperforming the market by -4 pts (-3.6%... More

Citi Upgrades Pepsico (PEP) to Buy, 'Lowered FY’24 OSG Bar Creates Good Set-Up'

February 12, 2024 5:08 AM EST

Citi analyst Filippo Falorni upgraded Pepsico (NASDAQ: PEP) from Neutral to Buy with a price target of $195.00 (from $180.00).

The analyst comments "Were upgrading PepsiCo (PEP) to Buy from Neutral. PEP has been a heavily debated stock over the last six months after... More

Pinterest Inc (PINS) PT Raised to $45 at CFRA

February 9, 2024 12:25 PM EST

CFRA analyst Angelo Zino raised the price target on Pinterest Inc (NYSE: PINS) to $45.00 (from $34.00) while maintaining a Buy rating.

The analyst comments "We raise our 12-month target price to $45 from $34, based on a P/E multiple of 27.3x our 2025 EPS... More

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