Morgan Stanley Maintains Overweight on Mondelez International, Lowers Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Pamela Kaufman has maintained an Overweight rating on Mondelez International (NASDAQ:MDLZ) but lowered the price target from $82 to $74.
November 03, 2023 | 1:05 pm
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Morgan Stanley has maintained an Overweight rating on Mondelez International but lowered the price target from $82 to $74.
The news is directly related to Mondelez International. While the Overweight rating indicates that Morgan Stanley expects the stock to outperform the market, the lowering of the price target may create some uncertainty among investors, potentially impacting the stock's short-term performance.
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