Piper Sandler Maintains Overweight on Mondelez International, Lowers Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Michael Lavery maintains an Overweight rating on Mondelez International (NASDAQ:MDLZ) but lowers the price target from $76 to $74.
October 23, 2024 | 12:33 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Piper Sandler has maintained an Overweight rating on Mondelez International but has lowered the price target from $76 to $74, indicating a slight decrease in expected stock performance.
The maintenance of an Overweight rating suggests continued confidence in Mondelez's performance, but the lowered price target indicates a slightly less optimistic view on its short-term stock price potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100