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Non-Tech : RFD: Time to think about Disney, Pepsico?
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To: Thomas J Pittman who wrote (25)10/4/1996 10:48:00 AM
From: Alex B   of 54
 
From what I read in during the last few days, most brokerage houses called it a Buy. These brokers are from Solomon, Prudential, and someone else. Their target price for the period of 12 months varies from $36 to $38, which is approximately another 30% of upside potential. However, Smith Barney called it a Neutral.

If we can take a look on the chart, we can clearly see that 28 is a very strong support level. It even bounced back from this level after the last Friday slaughter. So now, in my opinion, Pep should overcome $30 level to really move much higher.
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