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PEP

PepsiCo

$107.78

-1.78 (-1.62%)

08:14
07/10/18
07/10
08:14
07/10/18
08:14

PepsiCo says sees Q4 earnings growth 'substantially higher' than Q3

Cites timing of investments.

  • 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

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PayPal

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ULTA

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$281.14

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INFY

Infosys

$9.97

-0.25 (-2.45%)

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Netflix

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LOW

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LEN

Lennar

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INFY

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-0.25 (-2.45%)

, AAL

American Airlines

$34.12

0.82 (2.46%)

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INFY

Infosys

$9.97

-0.25 (-2.45%)

AAL

American Airlines

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0.82 (2.46%)

DAL

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$54.11

1 (1.88%)

UAL

United Continental

$88.07

4.56 (5.46%)

AKRX

Akorn

$7.09

0.385 (5.74%)

WDAY

Workday

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4.06 (3.02%)

DPZ

Domino's Pizza

$257.25

-2.55 (-0.98%)

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CGC

Canopy Growth

$50.57

-2.39 (-4.51%)

10:26
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Initiation
Canopy Growth initiated  »

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  • 14

    Nov

APHQF

Aphria

$0.00

(0.00%)

, CGC

Canopy Growth

$50.57

-2.39 (-4.51%)

10:26
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10/17
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Initiation
Aphria, Canopy Growth initiated  »

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$0.00

(0.00%)

CGC

Canopy Growth

$50.57

-2.39 (-4.51%)

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  • 14

    Nov

ISRG

Intuitive Surgical

$546.11

2.94 (0.54%)

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Intuitive Surgical call volume above normal and directionally bullish »

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  • 18

    Oct

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Bond buyers are moving into foreign bonds »

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Conference/Events
Cowen healthcare analysts to hold an analyst/industry conference call »

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SRRA

Sierra Oncology

$1.86

-0.03 (-1.59%)

10:25
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10/17
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Conference/Events
Sierra Oncology to hold a conference call »

President & CEO…

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  • 17

    Oct

TSLA

Tesla

$277.49

1.03 (0.37%)

10:20
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Periodicals
Tesla's VP of manufacturing Gilbert Passin leaves company, BI reports »

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  • 29

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QCOM

Qualcomm

$65.54

-0.57 (-0.86%)

, NXPI

NXP Semiconductors

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Qualcomm

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NXPI

NXP Semiconductors

$80.86

-0.36 (-0.44%)

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  • 01

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$278.99

-1.24 (-0.44%)

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SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$278.99

-1.24 (-0.44%)

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$NYE

NYSE Market Internals

$0.00

(0.00%)

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10:15
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General news
Oil Action: NYMEX crude »

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Breaking General news story  »

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URI

United Rentals

$139.51

-1.68 (-1.19%)

10:10
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Options
Pre-earnings put buyers in United Rentals »

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  • 18

    Oct

FMS

Fresenius Medical

$41.12

-8.74 (-17.53%)

, NXTM

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$27.50

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  • 23

    Oct

TPR

Tapestry

$44.20

-0.28 (-0.63%)

10:05
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  • 19

    Nov

ABX

Barrick Gold

$12.84

0.09 (0.71%)

10:05
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Options
Barrick Gold call volume above normal and directionally bullish »

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SEED

Origin Agritech

$5.84

0.03 (0.52%)

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EBR

Centrais Electricas

$5.42

-0.43 (-7.35%)

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CVIA

Covia

$6.75

-0.83 (-10.95%)

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