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PEP

PepsiCo

$107.78

-1.78 (-1.62%)

08:03
07/10/18
07/10
08:03
07/10/18
08:03

PepsiCo says cost inflation to pressure margins

Says continues to see 'pretty challenging conditions."

  • 10

    Jul

PEP PepsiCo
$107.78

-1.78 (-1.62%)

07/03/18
DBAB
07/03/18
DOWNGRADE
Target $116
DBAB
Hold
PepsiCo downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Stephen Powers downgraded PepsiCo to Hold with an unchanged price target of $116. The stock closed yesterday up 66c to $109.53. The analyst views the current valuation as a "bit bubbly." With at least 36 months of elevated investment, the stock's current risk/reward is fairly balanced, Powers tells investors in a research note.
07/03/18
07/03/18
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. United Continental (UAL), American Airlines (AAL), and Delta Airlines (DAL) downgraded to Hold from Buy at Deutsche Bank with analyst Michael Linenberg saying in a world of "heightened" macroeconomic and geopolitical risks, economically-sensitive, high beta stocks such as airlines typically underperform the broader market. 2. Belmond (BEL) downgraded to Underweight from Overweight at Barclays with analyst Felicia Hendrix citing an analysis of the company's progress on its growth targets announced back in June 2016. 3. PSEG (PEG) downgraded to Hold from Buy at Deutsche Bank with analyst Jonathan Arnold saying The Federal Energy Regulatory Commission order raised new questions over New Jersey zero-emission credits. 4. PepsiCo (PEP) downgraded to Hold from Buy at Deutsche Bank with analyst Stephen Powers viewing the current valuation as a "bit bubbly." 5. Watsco (WSO), Fastenal (FAST), and Grainger (GWW) downgraded to Neutral from Outperform at Baird with analyst David Manthey saying he thinks the cycle and individual company results could remain solid for quarters or years to come, but he believes the cycle is in its later stages, thereby elevating risks to gross margins, rising labor costs, and earnings deceleration in 2019. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
07/06/18
WELS
07/06/18
NO CHANGE
Target $107
WELS
Market Perform
Wells Fargo cautious on PepsiCo fundamentals into Q2 results
Wells Fargo analyst Bonnie Herzog is cautious on PepsiCo's fundamentals ahead of the company's Q2 earnings results on July 10. The analyst reduced her fiscal 2018 and 2019 estimates to reflect continued weakness in North American beverages, lower sales in Latin America following the May trucker strike in Brazil and incremental currency headwinds. However, despite these continued pressures, the market could react favorably to PepsiCo management providing more details on their ultimate plans for the Beverage business, Herzog tells investors in a pre-earnings research note titled "PEP: We're Not Feeling So Bubly About PEP's Q2 Fundamentals." The analyst keeps a Market Perform rating on PepsiCo with a $107 price target.
07/09/18
RBCM
07/09/18
NO CHANGE
Target $111
RBCM
Sector Perform
PepsiCo to remain constrained by troubled Beverage business, says RBC Capital
RBC Capital analyst Nik Modi previews Q2 results for PepsiCo, saying he expects the trends of troubled North America Beverage business and poor earnings quality that have been on display over the past few quarters to persist. Modi further warns that FX and cost increases will worsen in this quarter, while the operating environment becomes more uncertain because of the threat of trade wars. The analyst keeps his Sector Perform rating and $111 price target on PepsiCo.

TODAY'S FREE FLY STORIES

BAC

Bank of America

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-0.24 (-0.83%)

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ERJ

Embraer

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EPRT

Essential Properties Realty Trust

$14.00

(0.00%)

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EWZ

MSCI Brazil Index

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0.67 (2.01%)

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VNTR

Venator Materials

$16.76

0.07 (0.42%)

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Tronox

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Tronox

$19.31

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PSA

Public Storage

$228.07

-1.43 (-0.62%)

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  • 02

    Aug

EFA

iShares MSCI EAFE Index Fund

$67.80

0.21 (0.31%)

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BAC

Bank of America

$28.54

-0.24 (-0.83%)

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  • 16

    Jul

BRO

Brown & Brown

$28.76

0.025 (0.09%)

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  • 24

    Jul

JNK

SPDR Barclays High Yield Bond

$35.69

(0.00%)

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ITCI

Intra-Cellular

$20.45

-0.11 (-0.54%)

06:47
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Conference/Events
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  • 18

    Jul

SJB

ProShares Short High Yield

$22.95

-0.055 (-0.24%)

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OSUR

OraSure

$17.32

0.01 (0.06%)

06:46
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OraSure rating change  »

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  • 18

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NEP

NextEra Energy Partners

$45.91

-0.51 (-1.10%)

06:46
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NextEra Energy Partners rating change  »

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  • 25

    Jul

HYG

iShares iBoxx $ High Yield Corporate Bond

$85.63

0.005 (0.01%)

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BAC

Bank of America

$28.54

-0.24 (-0.83%)

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  • 16

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LQD

iShares iBoxx $ Investment Grade Corporate Bond

$115.76

0.16 (0.14%)

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SSNLF

Samsung

$0.00

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, AAPL

Apple

$191.32

0.19 (0.10%)

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  • 10

    Sep

TLT

iShares 20+ Year Treasury Bond Fund

$122.74

0.33 (0.27%)

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JPM

JPMorgan

$106.33

-0.47 (-0.44%)

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  • 12

    Oct

SLV

iShares Silver Trust

$14.88

-0.13 (-0.87%)

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BA

Boeing

$350.81

4.79 (1.38%)

, EADSY

Airbus

$0.00

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BA

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$350.81

4.79 (1.38%)

EADSY

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  • 25

    Jul

USLV

VelocityShares 3x Long Silver ETN

$8.52

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SYF

Synchrony

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-0.51 (-1.55%)

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  • 27

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IYR

DJ US Real Estate Index Fund

$81.37

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