PepsiCo (NASDAQ:PEP) reported quarterly earnings of $1.86 per share which beat the analyst consensus estimate of $1.74 by 6.9 percent. This is a 8.14 percent increase over earnings of $1.72 per share from the same period last year. The company reported quarterly sales of $20.23 billion which beat the analyst consensus estimate of $19.51 billion by 3.66 percent. This is a 5.25 percent increase over sales of $19.22 billion the same period last year.
ConocoPhillips To Rally Over 30%? Here Are 10 Other Price Target Changes For Wednesday
Barclays raised ConocoPhillips (NYSE: COP) price target from $135 to $151. Barclays analyst Jeanine Wai maintained an Overweight rating on the stock. ConocoPhillips shares fell 3.2% to close at $115.61 on Tuesday.
