Daiwa: PepsiCo (PEP.US) earnings prospects, productivity improvements raise target price to $165

Zhixun Finance and Economics APP learned that after PepsiCo (PEP.US) released its second quarter results, Morgan Stanley issued a research report to evaluate the company. Morgan Stanley pointed out that PepsiCo's second quarter performance was positive and raised its 2025 full-year earnings guidance (based on exchange rate factors). This is obviously good news for the company, as improved production efficiency makes earnings per share forecasts more clear and definitive. Despite the continued sluggish US economy (although international business growth remains stable) and the recent rebound in stock prices, Morgan Stanley still maintains a "hold" rating; however, the target price has been raised from $153 to $165.