Mondelez price target raised to $68 from $67 at Barclays

Barclays analyst Andrew Lazar raised the firm’s price target on Mondelez (MDLZ) to $68 from $67 and keeps an Overweight rating on the shares. The company reported a “clean beat across the board” for Q1, the analyst tells investors in a research note. The firm says Mondelez saw a positive inflection in March in U.S. biscuit.