PepsiCo plans to eliminate nearly 20% of its products by early 2026 in a move to boost shareholder value and stock price. An analyst upgraded the stock with a 10.2% upside potential, citing the company’s cost-saving measures and focus on innovation. The decision to trim the brand lineup is seen as a positive step towards growth. PepsiCo is also refreshing its value proposition, aiming for organic sales growth of 2% to 4% in 2026. The company’s willingness to engage with activist investor Elliott Investment Management signals a positive direction for the stock and potential for new product launches.

Read more at Yahoo Finance: JPMorgan Chase Just Recommended Buying PepsiCo in 2026. Here Are the Tailwinds Buoying the Stock.