JPMorgan lowered the firm’s price target on Mondelez (MDLZ) to $67 from $69 and keeps an Overweight rating on the shares. The firm says falling cocoa prices should bring relief to the company.
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Read More on MDLZ:
- Mondelez: Near-Term Margin Pressures Set the Stage for Mid‑30% Margins, Top‑Tier EPS Growth, and Multiple Expansion — Buy Rating Reiterated with $65 Target
- Mondelez: Buy Rating Reaffirmed as Transitory Cocoa-Driven Headwinds Mask Strengthening Medium-Term Earnings Power
- Mondelez price target raised to $64 from $62 at Piper Sandler
- Mondelez International: Conservative 2026 Outlook and Near-Term Headwinds Support Balanced Risk/Reward and Hold Rating
- Mondelez price target raised to $65 from $62 at Wells Fargo