June 19, 2026 02:27 PM GMT Eastroc Beverages | Asia Pacific M Update Risk Reward Update What's Changed For 2Q26, we see pressures in Energy Drinks amid weaker than expected demand, while expecting sequential improvements in ex-factory shipment growth for Water Boost vs 1Q26, following the capacity adjustments. Other beverages should maintain strong growth momentum. PET cost lock-in should continue to bring tailwinds to GPM improvement to offset increased channel investment. We expect ~16% sales and earnings ...

June 19, 2026 02:27 PM GMT Eastroc Beverages | Asia Pacific M Update Risk Reward Update What's Changed | Eastroc Beverages (9980.HK) | From | To | | --- | --- | --- | | Price Target | HK$227.00 | HK$195.00 | | Bull Case | HK$276.00 | HK$238.00 | | Base Case | HK$227.00 | HK$195.00 | | Bear Case | HK$121.00 | HK$104.00 | | Updated Components | | | | EPS | | | | Investment Thesis | | | | Bull Base Bear Scenarios | | | Morgan Stanley Asia Limited+ Lillian Lou Equity Analyst Lillian.Lou@morganstanley.com +852 2 ...