TD Cowen Maintains Buy on Mondelez International, Lowers Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Robert Moskow maintains a Buy rating on Mondelez International (NASDAQ:MDLZ) but lowers the price target from $83 to $79.

June 06, 2024 | 4:32 pm
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TD Cowen analyst Robert Moskow maintains a Buy rating on Mondelez International but lowers the price target from $83 to $79.
The Buy rating suggests continued confidence in Mondelez International's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100