Morgan Stanley: Beverages, Tobacco, Cosmetics and Personal Care Products
Summaries are public. PDF access requires an active membership; all members have the same access. Sign in
Morgan Stanley's note consolidates its coverage across three consumer staples categories—beverages, tobacco, and cosmetics and personal care products—into a single reference exhibit. Dated October 9, 2026, the table lists each covered company alongside its ticker, Morgan Stanley's rating, and assigned target price, together with the corresponding bull-case and bear-case scenarios. The compilation offers investors a point-in-time snapshot of standing recommendations across these adjacent consumer categories, allowing a quick comparison of how the firm positions individual names within and across the three sectors. The inclusion of bull and bear cases frames each target price within a range of contemplated outcomes, providing context on upside and downside scenarios rather than a single-point estimate in isolation. The summary content provided for this note consists of this exhibit alone; it does not include narrative analysis, estimate revisions, or new rating actions. Accordingly, the table serves primarily as a reference scorecard of the firm's published ratings, target prices, and scenario frameworks for covered companies in beverages, tobacco, and cosmetics and personal care products.
Key exhibits
Exhibit 1
