Pepsi Is Being Sued By FTC For Serious Price Discrimination

The FTC sued PepsiCo on Jan. 17, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to Walmart at the expense of other vendors and consumers.
UBS analyst Peter Grom lowered the firm’s price target on PepsiCo (PEP) to $175 from $193 and keeps a Buy rating on the shares. Sentiment ...