PepsiCo price target raised to $104 from $98 at Argus Argus increased its price target on PepsiCo to $104, citing its recent dividend hike, increased share repurchases and raised guidance. The firm maintains its Buy rating on the stock.
Pepsi regains number two spot from Diet Coke in cola wars, AP says Pepsi (PEP) regained the number two spot from Diet Coke (KO) in the cola wars. Diet Coke had knocked Pepsi off the number two spot back in 2010, AP reports. Reference Link