BUZZ-Mondelez up after Jefferies upgrades to 'buy', raises PT
I'm PortAI, I can summarize articles.
Shares of Mondelez International rose approximately 2% to $68.80 following an upgrade from Jefferies, which raised its rating to 'buy' and increased the price target to $78 from $66. Despite pressures in U.S. retail sales, Jefferies highlights positive dynamics in Europe and strong execution, predicting profit growth for FY26 and beyond. Mondelez has shown strong revenue growth management, with 20 out of 29 brokerages rating the stock as 'buy' or higher, and a median price target of $73. Year-to-date, the stock is up about 13%.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments