Hot diggity dog! There is a new $5.00 Target mobile coupon! This coupon is valid for $5.00 off a $15.00 purchase of Pepsi, Quaker, Frito-Lay and Gatorade products. The coupon will be valid starting Sunday, 6/1. Text FOOD to 827438 for the mobile coupon offer. This coupon will also be available in the upcoming Target weekly ad, and there is a good chance it will become available as a printable coupon also.