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Pepsico stock price, PEP
Pepsico stock chart:
Pepsico close price: 112.91
Stock price forecast:
DOWN TO -0.02%
Total forecasts: 84
Reached: 7 (8.33%)
Total Win: 8.32 (7.32%)
Showing 1-10 of 538 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
Pepsico latest news:
PepsiCo in bid to acquire Vita Coco owner: sources
(Reuters) - Soft drink maker PepsiCo Inc is in talks to acquire All Market Inc, the owner of coconut water brand Vita Coco, whose celebrity investors include Madonna and Matthew McConaughey, people familiar with the matter said on Friday.
BRIEF-PepsiCo says intention to sell up to all of 4.5% minority stake in Britvic plc - Bookrunner
* Britvic Plc - PepsiCo, inc says intention to sell up to
all of its 4.5% minority stake in bottler Britvic plc
BRIEF-Pepsico joins new plastics economy initiative as core partner
* Pepsico joins new plastics economy initiative as core
Manufacturers in Egypt turn to local sourcing as prices soar
CAIRO, April 27 (Reuters) - In green fields near Egypt's
Mediterranean coast, PepsiCo is harvesting its first
crop of potatoes produced from local seeds to make a leading
brand of chips.
PepsiCo profit beats but lower margins weigh on shares
- PepsiCo Inc's quarterly revenue and profit beat estimates on demand for its healthier drinks and snacks and higher pricing in North America, but a contraction in the company's gross margins weighed on shares. Shares of the company, which also warned that margins will remain under pressure in the current quarter, fell as much as 2.3 percent to $111.50. They had gained 9 percent this year.
UPDATE 3-PepsiCo profit beats but lower margins weigh on shares
* Shares fall as much as 2.3 pct
(Adds comments from conf call; updates shares)
Stronger sales for PepsiCo in 1Q, profits jump
Higher prices and stronger drink sales pushed PepsiCo beyond most expectations that Wall Street had about its first quarter
Pepsi upgraded to neutral from positive at Susquehanna
Shares of PepsiCo Inc. were up 1.3% midday Wednesday after the stock was upgraded to neutral from positive at Susquehanna on the thesis that it will be the target of a joint buyout bid from Kraft-Heinz and Anheuser-Busch . The Pepsi brand has been troubled by a controversial Kendall Jenner commercial, which it later pulled, as well as a new, alternative low calorie cola and flip-flopping on aspartame-sweetened drinks, said Pablo Zuanic, lead analyst on the report. "All paint a picture of a company still struggling to set a new direction," he wrote. He increased the price target to $132 to $118. Shares of Pepsi have gained 3% in the past month, while the S&P 500 has lost 1%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Pepsi backlash raises bigger question about company's marketing direction
PepsiCo might be pulling its controversial ad, but it still faces an uphill struggle to recover from the misstep.
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