Bernstein Maintains Outperform on Mondelez International, Lowers Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Alexia Howard maintains an Outperform rating on Mondelez International (NASDAQ:MDLZ) but lowers the price target from $90 to $88.
July 17, 2024 | 6:14 pm
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NEUTRAL IMPACT
Bernstein analyst Alexia Howard maintains an Outperform rating on Mondelez International but lowers the price target from $90 to $88.
The Outperform rating suggests a positive outlook, but the lowered price target indicates a slight reduction in expected upside. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100