PepsiCo Wants to Boost Sales, Cut Costs. The Street Is Doubtful.

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The Street Is Doubtful.By Evie LiuShareResizeReprintsIn this articlePEPKOElliott Investment Management disclosed a stake in PepsiCo this year. (Justin Sullivan/Getty Images)PepsiCo investors are unimpressed by the company’s latest plans to boost sales growth, cut costs, and increase profits.