Deutsche Bank Maintains Buy on Mondelez International, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Stephen Powers maintains a Buy rating on Mondelez International (NASDAQ:MDLZ) but lowers the price target from $78 to $75.
July 17, 2024 | 2:59 pm
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Deutsche Bank analyst Stephen Powers maintains a Buy rating on Mondelez International but lowers the price target from $78 to $75.
The Buy rating suggests continued confidence in Mondelez International's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100