Mondelez price target raised to $67 from $65 at BofA

BofA raised the firm’s price target on Mondelez (MDLZ) to $67 from $65 and keeps a Buy rating on the shares. The Q1 report “restored solid footing following a year of volatility,” the analyst tells investors. Following the report, the firm raised its FY26, FY27 and FY28 adjusted EPS estimates to reflect 4% constant currency EPS growth in 2026 and about 10% EPS growth in 2027.