每经编辑｜张喜威 王晓波 V中国商务部召开12月第2次例行新闻发 2 2025算力产业生态高质量发展大会将 11日举办 3 中国有1808亿元7天期逆回购到期 4 美国12月6日当周首次申请失业救济/ 1 隔夜市场 国际油价集体走高，截至发稿时，美油主力合约涨1.25%，报58.98美元/桶；布伦特原油主力合约涨1.18%，报62.67美元/桶。 现货黄金涨0.47%，报4228美元/盎司；COMEX黄金期货涨0.51%，报4257.8美元/盎司。 欧洲三大股指收盘涨跌不一，德国DAX指数跌0.37%报24073.23点，法国CAC40指数跌0.37%报8022.69点，英国富时100指数涨0.14%报9655.53点。 2 外交部：日方现在应该做的是认认真真反思纠错 老老实实撤回错误言论 12月10日，外交部发言人郭嘉昆主持例行记者会。在回答日方恶意炒作所谓"雷达照射"的问题时，郭嘉昆表示，中方已多次就此阐明严正立场，事实真相十 分清楚。日方此前声称没有接到中方通报，现在又承认事先收到了中方的信息，前后矛盾，顾左右而言他。日方还拒不解释，在事先收到通报的情况下，为 何执意派战斗机擅自闯入中方演训区域，抵近侦 ...

PepsiCo said it is eliminating hundreds of products from shelves by early next year following discussions with an activist investor pushing the company to cut costs and streamline its product lineup. On Monday, the food giant, whose brands include Fritos, Gatorade, Doritos, Cheetos and Aquafina, said it is in the process of reducing nearly 20% of the SKUs (stock keeping units) that it sells in the U.S. by early 2026. It has already closed three manufacturing plants and shut some manufacturing lines this yea ...

Core Viewpoint - The article summarizes the latest analyst ratings from Wall Street, highlighting significant upgrades, downgrades, and new coverage that could impact market sentiment and investment decisions [1][6]. Upgrades - Oppenheimer upgraded General Electric Energy (GEV) from "Hold" to "Outperform," setting a target price of $855, citing improved pricing and sales, along with enhanced factory utilization and operational efficiency [5]. - JPMorgan raised PepsiCo (PEP) from "Neutral" to "Overweight," increasing the target price from $151 to $164, due to the company's accelerated innovation and marketing spending [5]. - HSBC upgraded AbbVie (ABBV) from "Hold" to "Buy," with a target price increase from $225 to $265, noting the company's growth momentum and strong execution capabilities [5]. - Morgan Stanley raised Terex (TEX) from "Equal Weight" to "Overweight," with a target price increase from $47 to $60, as the company's performance has rebounded and its business mix has improved [5]. - Oppenheimer upgraded Dyne Therapeutics (DYN) from "Hold" to "Outperform," significantly raising the target price from $11 to $40, highlighting the stock's undervaluation compared to its competitor Avidity [5]. Downgrades - HSBC downgraded Biogen (BIIB) from "Hold" to "Reduce," with a slight target price decrease from $144 to $143, citing the poor performance of its multiple sclerosis business [5]. - Jefferies lowered Emerson Electric (EMR) from "Buy" to "Hold," maintaining a target price of $145, indicating limited short-term upside due to the company's recent performance outlook [5]. - JPMorgan downgraded Noble Energy (NE) from "Overweight" to "Neutral," raising the target price from $31 to $33, while expressing caution about upstream capital expenditures [5]. - Jefferies downgraded Rexnord (RRX) from "Buy" to "Hold," reducing the target price from $170 to $160, noting that the company's transformation plan is taking longer than expected [5]. - Jefferies lowered Vail Resorts (VLTO) from "Buy" to "Hold," with a target price decrease from $125 to $105, stating that the current stock price reflects the company's stable demand and strong returns [5]. New Coverage - Guggenheim initiated coverage on Amazon (AMZN) with a "Buy" rating and a target price of $300, suggesting that the retail sector is showing signs of improvement despite previous concerns [9]. - B. Riley initiated coverage on Roblox (RBLX) with a "Buy" rating and a target price of $125, highlighting the company's strong long-term fundamentals [13]. - Cowen initiated coverage on Sensata Technologies (IOT) with an "Outperform" rating and a target price of $55, believing the company's platform aligns well with the $45 trillion "physical operations" industry [13]. - B. Riley initiated coverage on Take-Two (TTWO) with a "Buy" rating and a target price of $300, driven by the anticipated release of Grand Theft Auto 6 in November 2026 [13]. - Canadian Imperial Bank of Commerce initiated coverage on Shark Ninja (SN) with a "Buy" rating and a target price of $135, viewing the company as a "category disruptor" [13].

Core Insights - PepsiCo plans to cut nearly 20% of its product offerings by early next year to streamline operations and enhance marketing investments [1] - The company aims to introduce new products with simpler and more functional ingredients, such as Doritos Protein and Simply NKD Cheetos and Doritos, which will not contain artificial flavors or colors [2] - These strategic changes are influenced by Elliott Investment Management, which acquired a $4 billion stake in PepsiCo, highlighting concerns over strategic clarity, growth deceleration, and profitability erosion in North America [3] Group 1 - PepsiCo will reduce its product offerings by nearly 20% to invest in marketing and improve consumer value [1] - The introduction of new products will focus on simpler ingredients, including a prebiotic cola [2] - Elliott Investment Management's $4 billion stake has prompted these changes due to concerns about the company's strategic direction and profitability [3]

每经编辑｜金冥羽 据央视财经，百事公司与持有约40亿美元股份的激进投资者埃利奥特投资管理公司达成战略改革协议，以应对业绩下行、股价下跌和市场竞争压力。 具体措施包括，计划在2026年前削减美国市场近20%的产品线(SKU)，以解决"品牌臃肿"问题，并对部分产品降价。百事公司没有透露具体细节，但据了 解，此轮调整主要涉及滞销或低利润产品，而节省下来的资金将被用作加强营销和提高产品性价比等。 百事公司将实施"平价化"与"健康化"双轨策略，扩大全渠道低价日常产品供给，并计划于2026年推出高蛋白、全谷物、零添加的"清洁标签"创新系列(如 Simply NKD零食、Doritos蛋白质产品)。 据悉，今年以来，百事公司已关闭了三家工厂和多条生产线，与此同时，该公司还计划裁员，以降低成本。公司已指示位于北美多个办事处的员工远程办 公，涉及的办事处包括位于纽约州Purchase的总部。百事集团北美首席人力资源官Jennifer Wells在周日的员工信中表示，公司将进行"业务结构性调整"， 该调整将影响部分职位。 公司预计2026财年核心业务收入增长2%—4%，高于今年前九个月1.5%的增速。核心每股收益增长5%—7%( ...

美股频道更多独家策划、专家专栏，免费查阅>> 摩根大通将百事的评级从"中性"上调至"增持"，认为该公司重新聚焦于创新、营销和生产力的策略使其 股票在迈向2026年时处于更强势的位置。该行指出，该战略主要建立在百事已经在进行的行动/计划之 上，但更积极的生产力目标加上改善的顶线增长使其有望在2026年实现中至高个位数的每股收益增长。 责任编辑：山上 ...

摩根大通将百事的评级从"中性"上调至"增持"，认为该公司重新聚焦于创新、营销和生产力的策略使其 股票在迈向2026年时处于更强势的位置。该行指出，该战略主要建立在百事已经在进行的行动/计划之 上，但更积极的生产力目标加上改善的顶线增长使其有望在2026年实现中至高个位数的每股收益增长。 ...

（央视财经《天下财经》）据美联社报道，美国百事公司日前表示，将进行重大战略调整以回应业绩下 行与股东压力，具体措施包括精简产品线以及给部分产品降价。 美国百事公司8日宣布，根据与投资者达成的协议，计划到明年年初减少近20%的产品，并对部分产品 降价。百事公司没有透露具体细节，但据了解此轮调整主要涉及滞销或低利润产品，而节省下来的资金 将被用作加强营销和提高产品性价比等。百事公司还计划推出多款含有更简单、更具功能性成分的新产 品。今年以来，百事公司已经关闭了三家工厂和多条生产线。公司预计，2026年核心业务收入将增长 2%至4%，高于今年前9个月1.5%的增速。 百事公司是在美国对冲基金公司——埃利奥特投资管理公司的敦促下作出上述改变的。该公司今年9月 表示，已收购百事公司价值约40亿美元的股份，并指出，百事面临战略模糊、增长乏力及北美核心业务 盈利下滑等问题，从而直接推动了此次变革。 转载请注明央视财经 编辑：王昕宇 ...

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Group 1: Procter & Gamble Co (NYSE:PG) - Dividend Yield: 3.03% [6] - Analyst Ratings: - Raymond James analyst Olivia Tong maintained an Outperform rating, reducing the price target from $185 to $175 [6] - Barclays analyst Lauren Lieberman maintained an Equal-Weight rating, cutting the price target from $164 to $153 [6] - Recent Performance: Reported first-quarter adjusted earnings per share of $1.99, a 3% increase year over year, surpassing the analyst consensus estimate of $1.90 [6] Group 2: PepsiCo Inc (NASDAQ:PEP) - Dividend Yield: 3.93% [6] - Analyst Ratings: - Piper Sandler analyst Michael Lavery maintained an Overweight rating, raising the price target from $161 to $172 [6] - Barclays analyst Lauren Lieberman maintained an Equal-Weight rating, slashing the price target from $144 to $140 [6] - Recent Developments: Announced operational changes supported by activist investor Elliott Investment Management, including a supply chain review and streamlined product lineup [6] Group 3: Mondelez International Inc (NASDAQ:MDLZ) - Dividend Yield: 3.70% [6] - Analyst Ratings: - Piper Sandler analyst Michael Lavery maintained a Neutral rating, cutting the price target from $63 to $62 [6] - JP Morgan analyst Ken Goldman maintained an Overweight rating, reducing the price target from $75 to $74 [6] - Recent Performance: Posted strong third-quarter earnings but lowered FY2025 adjusted EPS guidance [6]

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Group 1: Procter & Gamble Co (NYSE:PG) - Dividend Yield: 3.03% [6] - Analyst Ratings: - Raymond James analyst Olivia Tong maintained an Outperform rating, reducing the price target from $185 to $175 [6] - Barclays analyst Lauren Lieberman maintained an Equal-Weight rating, cutting the price target from $164 to $153 [6] - Recent Performance: Reported first-quarter adjusted earnings per share of $1.99, a 3% increase year over year, surpassing the analyst consensus estimate of $1.90 [6] Group 2: PepsiCo Inc (NASDAQ:PEP) - Dividend Yield: 3.93% [6] - Analyst Ratings: - Piper Sandler analyst Michael Lavery maintained an Overweight rating, raising the price target from $161 to $172 [6] - Barclays analyst Lauren Lieberman maintained an Equal-Weight rating, slashing the price target from $144 to $140 [6] - Recent Developments: Announced operational changes supported by activist investor Elliott Investment Management, including a supply chain review and streamlined product lineup [6] Group 3: Mondelez International Inc (NASDAQ:MDLZ) - Dividend Yield: 3.70% [6] - Analyst Ratings: - Piper Sandler analyst Michael Lavery maintained a Neutral rating, cutting the price target from $63 to $62 [6] - JP Morgan analyst Ken Goldman maintained an Overweight rating, reducing the price target from $75 to $74 [6] - Recent Performance: Posted strong third-quarter earnings but lowered FY2025 adjusted EPS guidance [6]