PepsiCo downgraded by JP Morgan with a new price target
$PEP
Beverages (Production/Distribution)
Consumer Staples
JP Morgan downgraded PepsiCo from Overweight to Neutral and set a new price target of $176.00 from $185.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/10/2024 | $190.00 → $183.00 | Buy → Hold | TD Cowen |
| 9/20/2024 | $185.00 | Overweight → Equal-Weight | Morgan Stanley |
| 7/19/2024 | $183.00 | Buy → Hold | DZ Bank |
| 7/3/2024 | $200.00 → $190.00 | Buy | TD Cowen |
| 6/24/2024 | $174.00 | Neutral | Exane BNP Paribas |
| 4/5/2024 | $199.00 → $209.00 | Buy | Jefferies |
| 4/3/2024 | Buy → Hold | Argus | |
| 3/18/2024 | $190.00 | Equal-Weight → Overweight | Morgan Stanley |
Enables PepsiCo to Accelerate Innovation in Refrigerated Fresh Dips and Spreads to Meet Growing Consumer Demand Further Expands Company's Positive Choice Portfolio PURCHASE, N.Y., Nov. 22, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ:PEP) today announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) and become the sole owner of these companies, which make Sabra and Obela products. Sabra and Obela are currently 50/50 joint ventures that had been formed between PepsiCo
PURCHASE, N.Y., Nov. 19, 2024 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ:PEP) today declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.42 per share from $5.06 per share, which began with the June 2024 payment. This dividend is payable on January 6, 2025 to shareholders of record at the close of business on December 6, 2024. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2024 marked the company's 52nd consecutive annual dividend increase.
Five previously submitted fan-favorite flavors return for a limited time to inspire new submissions PLANO, Texas, Oct. 16, 2024 /PRNewswire/ -- Southern Biscuits & Gravy, Cheesy Garlic Bread and Wasabi Ginger are some of the most beloved potato chip varieties in Lay's® long history of flavor innovation. But what many might not remember – or even know – is that these flavors wouldn't exist if it weren't for the fans. Nearly everyone has a great potato chip idea, and in 2012, Lay's put that theory to the test with the launch of the Lay's® Do Us A Flavor™ contest. It ran for fou
SC 13G/A - PEPSICO INC (0000077476) (Subject)
SC 13G/A - PEPSICO INC (0000077476) (Subject)
SC 13G/A - PEPSICO INC (0000077476) (Subject)
PURCHASE, N.Y., Nov. 19, 2024 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ:PEP) today declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.42 per share from $5.06 per share, which began with the June 2024 payment. This dividend is payable on January 6, 2025 to shareholders of record at the close of business on December 6, 2024. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2024 marked the company's 52nd consecutive annual dividend increase.
PURCHASE, N.Y., July 25, 2024 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ:PEP) today declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.42 per share from $5.06 per share, which began with the June 2024 payment. This dividend is payable on September 30, 2024 to shareholders of record at the close of business on September 6, 2024. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2024 marked the company's 52nd consecutive annual dividend increase.
PURCHASE, N.Y., April 30, 2024 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ:PEP) today declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.42 per share from $5.06 per share, which will begin with the June 2024 payment. This dividend is payable on June 28, 2024 to shareholders of record at the close of business on June 7, 2024. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2024 marked the company's 52nd consecutive annual dividend increase.
8-K - PEPSICO INC (0000077476) (Filer)
8-K - PEPSICO INC (0000077476) (Filer)
8-K - PEPSICO INC (0000077476) (Filer)
Billionaire entrepreneur Richard Branson disclosed his most significant business failure- Virgin Cola– and the crucial lesson it imparted in a recent podcast. What Happened: Branson, the founder of the Virgin Group, revealed on the ‘Work-Life With Adam Grant’ podcast that the failure of Virgin Cola, a soda launched by his company in 1994, taught him a valuable lesson. Despite initial success in the U.K., the product failed to maintain its position, particularly in the U.S. market, leading to its eventual closure. Branson shared that the failure of Virgin Cola, which was intended to challenge industry giants Coca-Cola (NYSE:KO) and Pepsi (NASDAQ:PEP), taught him the importance of seein
Barclays analyst Lauren Lieberman maintains PepsiCo (NASDAQ:PEP) with a Overweight and raises the price target from $179 to $187.
PepsiCo Inc. (NASDAQ:PEP) has signed a long-term partnership deal with Yara International ASA to equip farmers with advanced crop nutrition programs and decarbonize the food value chain across Europe. The collaboration will provide farmers with best-in-class crop nutrition products, precision farming digital tools, and expert advice to improve nutrient use efficiency, boost yields, and reduce the carbon footprint of their crops, the company claims. As part of this partnership, Yara will supply PepsiCo with up to 165,000 tons of fertilizer annually, covering about 25% of their crop fertilizer needs in Europe by 2030. These fertilizers will include Yara Climate Choice fertilizers, whi
TD Cowen downgraded PepsiCo from Buy to Hold and set a new price target of $183.00 from $190.00 previously
Morgan Stanley downgraded PepsiCo from Overweight to Equal-Weight and set a new price target of $185.00
DZ Bank downgraded PepsiCo from Buy to Hold and set a new price target of $183.00
Assumes Role of Audit Committee Chair Guayakí Yerba Mate, the category leader in yerba mate, is pleased to announce the appointment of industry veteran Hari Avula to its Board of Directors. Avula joins the Board to lead its Audit Committee and brings extensive experience from having served in influential, leadership roles within global consumer, retail and healthcare services businesses. He was chief financial and strategic officer of Clif Bar & Company until it was acquired by Mondelēz International, Inc. Previously, he served in senior finance and transformation roles at Walgreens Boots Alliance Inc., and before this spent over 22 years with PepsiCo, Inc. (NASDAQ:PEP) in various financi
The brand is highlighting trailblazers on and off the field, headlined by the newest football stars joining its elite athlete roster – Lamar Jackson, Justin Jefferson, Puka Nacua and Diana Flores – and a capsule collab with fashion designer Kristin Juszczyk CHICAGO, Sept. 4, 2024 /PRNewswire/ -- Gatorade, the world's most superior sports drink, has spent nearly 60 years fueling the sport of football on and off the field. As the NFL kicks off another monumental year, Gatorade is continuing to help shape the game. From the rise of women's impact on the sport and the growing spotlight on flag football, to the new era of athlete individualism, football is changing – and Gatorade is using its lat
Actress Stephanie Beatriz, and the United States Hispanic Chamber of Commerce, Join This Year's Campaign to Uplift Jefa-Owned Small Businesses on National Latina Day; PepsiCo Juntos Crecemos Commits $440,000 to Support Women Founders in Food and Beverage Industry PURCHASE, N.Y., Aug. 20, 2024 /PRNewswire/ -- Latina small business owners are the embodiment of the modern-day American dream, ambitious and entrepreneurial. In celebration of National Latina Day, today PepsiCo Juntos Crecemos (Together We Grow) launched year three of its signature Jefa-Owned (owned by a Latina boss) campaign to recognize the economic, cultural, and community contributions of Jefa-Owned businesses - particularly r
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