TD Cowen analyst Robert Moskow lowered the firm’s price target on Mondelez (MDLZ) to $62 from $68 and keeps a Buy rating on the shares. The firm adjusted price targets in consumer staples as part of a 2026 outlook. TD expects a “challenging” year for large-cap consumer staples with volume growth unlikely to improve materially from the negative 0.9% in 2025 and pricing “muted.”
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