Why Tostitos Chip Recall Was Elevated To FDA’s Deadliest Category [Forbes]
PepsiCo, Inc. (PEP)
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Source: Forbes
The issue? A limited number of bags may contain nacho cheese-flavored chips, even though the packaging doesn't list milk as an ingredient. For the average snack lover, this might not seem like a big deal. But for people with milk allergies or sensitivities, that missing ingredient on the label can turn a bag of chips into a health risk. What's The Recall And What Changed? Frito-Lay issued a after discovering a packaging mix-up: fewer than 1,300 bags labeled as Tostitos Cantina Traditional Yellow Corn Tortilla Chips may actually contain nacho cheese tortilla chips, which include milk. The FDA classified the recall as , which is reserved for situations where there's a reasonable chance that using the product could cause serious health consequences or death. M
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News
- 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
PEP
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- 4/25/25 - Miss
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- 4/24/25 - Form 10-Q
- 4/24/25 - Form 8-K
- 4/18/25 - Form PX14A6G
- PEP's page on the SEC website