Bernstein Maintains Outperform on Mondelez International, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Alexia Howard has maintained an Outperform rating on Mondelez International (MDLZ) and increased the price target from $88 to $90.
May 01, 2024 | 4:42 pm
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POSITIVE IMPACT
Bernstein analyst Alexia Howard reaffirmed an Outperform rating on Mondelez International and raised the price target to $90.
The upgrade in price target by a reputable analyst like Alexia Howard suggests a positive outlook on Mondelez International's stock, likely due to strong fundamentals or growth prospects. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100