Morgan Stanley Maintains Overweight on Mondelez International, Raises Price Target to $82
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Pamela Kaufman has maintained an 'Overweight' rating on Mondelez International (NASDAQ:MDLZ) and raised the price target from $79 to $82.

July 28, 2023 | 5:11 pm
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Morgan Stanley has maintained an 'Overweight' rating on Mondelez International and raised the price target from $79 to $82.
The 'Overweight' rating indicates that Morgan Stanley expects Mondelez International's stock to outperform the average return of the stocks the analyst compares it with. The increase in price target from $79 to $82 suggests that the analyst believes the stock has potential for further growth. This could lead to increased investor interest and a potential rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100