Why PepsiCo Stock Was Bouncing Back Today [Yahoo! Finance]
Morgan Stanley (MS)
Last morgan stanley earnings: 4/16 07:15 am
Check Earnings Report
US:NYSE Investor Relations:
morganstanley.com/about-us-ir
Company Research
Source: Yahoo! Finance
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. Morgan Stanley thinks PepsiCo is well priced While PepsiCo still trades at a premium to the S&P 500 , Morgan Stanley called the valuation compressed following the first-quarter results and said it expects a rebound later in the year due to improving trends, strength in international markets, more favorable year-over-year comparisons, and improvements in cost pressures. The investment bank strongly reiterated its overweight rating on PepsiCo and called it a top pick, with a price target of $190, representing upside of 11% from yesterday's closing price. Indeed, the company expects its performance to improve later
Show less
Read more
Impact Snapshot
Event Time:
MS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MS alerts
High impacting Morgan Stanley news events
Weekly update
A roundup of the hottest topics
MS
News
- Outfront Media Inc. (NYSE:OUT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Berkshire Hathaway's big mystery stock wager could be revealed soon [CNBC]CNBC
- This Top Finance Stock is a #1 (Strong Buy): Why It Should Be on Your Radar [Yahoo! Finance]Yahoo! Finance
- New Strong Buy Stocks for May 3rd [Yahoo! Finance]Yahoo! Finance
- Mike Ashley's Frasers Drops London Suit Against Morgan Stanley [BNN Bloomberg (Canada)]BNN Bloomberg
MS
Earnings
- 4/16/24 - Beat
MS
Sec Filings
- 5/3/24 - Form FWP
- 5/3/24 - Form FWP
- 5/3/24 - Form 424B2
- MS's page on the SEC website