Why PepsiCo Stock Was Bouncing Back Today
Shares of PepsiCo (NASDAQ: PEP) were on the rebound today, just one day after the stock fell 3% following its first-quarter earnings report.
While the food and beverage company beat headline revenue and profit estimates, the first-quarter results were marred by a product recall at its Quaker Foods segment, and revenue fell in North America.
But today the stock more than made up for those losses after a bullish note from Morgan Stanley. As a result, the stock was up 3.9% as of 2:42 p.m. ET on Wednesday.
Source Fool.com
Quaker Chemical Corp. Stock
Our community is currently high on Quaker Chemical Corp. with 4 Buy predictions and 0 Sell predictions.
As a result the target price of 208 € shows a positive potential of 22.35% compared to the current price of 170.0 € for Quaker Chemical Corp..