Morgan Stanley Provides Color on the Beverages Sector

Morgan Stanley provided color on the Beverages sector. In an eternal struggle between Pepsi PEP and Coke KO, Morgan Stanley prefers Pepsi at the moment. In a research report published today, Morgan Stanley states, "We continue to prefer OW rated Pepsi (our top pick on Morgan Stanley's Best Ideas list) to EW rated Coke, particularly short-term, as we believe PEP's 2011 EPS visibility is improving as KO visibility is dissipating." On Friday, both companies lost some ground as Pepsi fell 0.78% to $68.97, while Coke lost 0.77% of its value to close the day at $65.53.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorAnalyst RatingsConsumer StaplesMorgan StanleyPepsiCo Inc.Soft DrinksThe Coca-Cola Company
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!