DA Davidson raised the firm’s price target on Mondelez (MDLZ) to $64 from $62 and keeps a Neutral rating on the shares. Spending to drive brand equity, as well as distribution gains and channel expansion efforts, should ultimately yield sustained growth in a more normalized backdrop, though nearer term, customer disruption in Europe and inventory cost phasing will pressure top and bottom line through the first half of 2026, the firm added.
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