PepsiCo (PEP) Upgraded to Overweight by JPMorgan After Initiatives to Boost Shareholder Returns
PepsiCo, Inc. (NASDAQ:PEP) ranks among the most active blue chip stocks to buy now. JPMorgan raised PepsiCo, Inc. (NASDAQ:PEP) from Neutral to Overweight on December 10, increasing its price target to 151. The boost comes after Pepsico’s recent press release highlighting initiatives to increase shareholder return, which featured early guidance for 2026. Analyst Andrea Teixeira claimed that PepsiCo’s enhanced strategic plan “should position PEP to drive HSD total shareholder return (TSR) in 202 ...