Pepsi (PEP) volatility decreases as shares rally on Q3 and raised guidance

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Go back to Pepsi (PEP) volatility decreases as shares rally on Q3 and raised guidance

BMO Capital Reiterates Outperform on Pepsi (PEP) Following Solid 3Q

September 30, 2016 11:35 AM EDT

BMO Capital reiterated an Outperform rating on Pepsico (NYSE: PEP), and raised the price target to $120.00 (from $116.00), following the company's 3Q earnings report. PEP exceeded or met consensus estimates for the 27th consecutive quarter. EPS was driven by solid organic sales growth, modest EBIT... More

Jefferies Cuts Price Target on Pepsi (PEP) to $122; Reiterates Buy

September 30, 2016 7:56 AM EDT

Jefferies maintained a Buy rating on Pepsico (NYSE: PEP), and cut the price target to $122.00 (from $124.00), following the company's 3Q earnings report. PEPs $1.40 in EPS came in 6% ahead of the Street's estimate on a strong topline 4.2% org sales vs. 2.7% estimates.

Analyst Kevin... More