Mondelez price target raised to $64 from $62 at UBS

UBS raised the firm’s price target on Mondelez (MDLZ) to $64 from $62 and keeps a Neutral rating on the shares. Mondelez reported stronger-than-expected Q1 EPS of 67c, driven by better organic sales growth and solid margin performance, the analyst tells investors in a research note. While 2026 guidance was reaffirmed and appears achievable, upside was largely expected to be reinvested into the business, with longer-term conviction hinging on clearer visibility into potential 2027 earnings upside, UBS adds.