Bernstein raised the firm’s price target on Mondelez (MDLZ) to $88 from $79 and keeps an Outperform rating on the shares. The company reported solid Q2 results with a “promising” outlook despite headwinds in North America, the analyst tells investors in a research note. The firm believes Mondelez could see positive news if cocoa input costs continue to fall.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MDLZ:
- Mondelez price target raised to $67 from $66 at Piper Sandler
- Mondelez price target raised to $76 from $73 at Stifel
- Mondelez International: Strong Q2 Performance and Promising Long-Term Outlook Despite Cautious Management
- Mondelēz International Reports Strong Q2 2025 Results
- Mondelez reports Q2 adjusted EPS 73c, consensus 68c