Coverage on (ONNN) (OXM) (PEP) (PM) Initiated

Coverage on ON Semiconductor (NASDAQ: ONNN), Oxford Industries (NYSE: OXM), PepsiCo, Inc. (NYSE: PEP) and Philip Morris (NYSE: PM) was initiated by analysts.

Susquehanna initiated coverage on ON Semiconductor (ONNN). They placed a “neutral” rating on the company.

Brean Murray initiated coverage on Oxford Industries (OXM). They placed a “buy” rating and a price target of $44.00 on the company.

Wells Fargo & Co. (NYSE:WFC) initiated coverage on PepsiCo, Inc. (PEP). They placed a “market perform” rating and a price target of $71.00 on the company.

Wells Fargo & Co. initiated coverage on Philip Morris (PM). They placed an “outperform” rating and a price target of $75.00 on the company.