JPMorgan lowered the firm’s price target on Mondelez (MDLZ) to $71 from $74 and keeps an Overweight rating on the shares. The company reported a sales miss and guidance cut but offered more constructive messaging on 2026, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MDLZ:
- Mondelez price target lowered to $68 from $71 at Morgan Stanley
- Mondelez price target lowered to $84 from $85 at Bernstein
- Mondelez price target lowered to $69 from $75 at BofA
- Mondelez price target lowered to $63 from $67 at Piper Sandler
- Mondelez price target lowered to $72 from $74 at Wells Fargo
