Barclays raised the firm’s price target on Mondelez (MDLZ) to $74 from $71 and keeps an Overweight rating on the shares. The firm sees the company’s visibility increasing for “reasonable” earnings growth in 2026 even if cocoa costs remain elevated, saying Mondelez has successfully landed most of its pricing for fiscal 2025 in key markets with minimal volume disruption.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MDLZ:
- Mondelez International Q1 2025 Earnings: Resilience Amid Challenges
- Mondelez price target raised to $71 from $69 at RBC Capital
- Mondelez price target raised to $73 from $70 at Stifel
- Mondelez price target raised to $72 from $69 at Morgan Stanley
- Mondelez price target raised to $75 from $71 at TD Cowen