Information Provided By: 
Fly News Breaks for July 10, 2015
PEP
Jul 10, 2015 | 07:21 EDT
Stifel recommends buying PepsiCo after the company reported higher than expected EPS but the stock fell 1%, underperforming the market. Stifel blames the stock's decline on the company's established pattern of beating expectations and investors' disappointment that the company did not announce more momentous news. The firm finds the stock's valuation attractive and believes that the company's organic outlook is improving. It expects Trian to have a positive influence on the company's costs and keeps a Buy rating on the shares.
News For PEP From the Last 2 Days
There are no results for your query PEP
