Frito-Lay issues recall for some Tostitos tortilla chips that may have been contaminated [CBS News]
PepsiCo, Inc. (PEP)
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Source: CBS News
The recall applies to 13-ounce bags of the company's Tostitos Cantina Traditional Yellow Corn Tortilla Chips. The bags could include nacho cheese tortilla chips and therefore may contain undeclared milk allergens, the company said in a news release distributed by the U.S. Food and Drug Administration The product is safe to consume for people who do not have a dairy allergy or milk sensitivity, Frito-Lay said in a statement . The company said no allergic reactions have been reported in connection with the recall. The recall affects less than 1,300 bags of chips, according to the news release. The full list of affected lot numbers is available on the FDA's website. The chips were sold at multiple stores and online in 13 states: Alabama, Florida, Georgia, Illinoi
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- PepsiCo, Inc. (NASDAQ: PEP) had its price target lowered by analysts at Morgan Stanley from $168.00 to $153.00. They now have an "equal weight" rating on the stock.MarketBeat
- PepsiCo, Inc. (NASDAQ: PEP) had its price target lowered by analysts at UBS Group AG from $175.00 to $169.00. They now have a "buy" rating on the stock.MarketBeat
- PepsiCo, Inc. (NASDAQ: PEP) had its price target lowered by analysts at Citigroup Inc. from $170.00 to $160.00. They now have a "buy" rating on the stock.MarketBeat
- PepsiCo, Inc. (NASDAQ: PEP) had its price target lowered by analysts at Bank of America Co. from $155.00 to $150.00. They now have a "neutral" rating on the stock.MarketBeat
- PepsiCo, Inc. (NASDAQ: PEP) was given a new $140.00 price target on by analysts at Evercore ISI.MarketBeat
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