Bernstein Remains a Buy on Mondelez International (MDLZ)
I'm LongbridgeAI, I can summarize articles.Bernstein analyst Alexia Burland Howard maintained a Buy rating on Mondelez International (MDLZ) with a $74 price target, noting the stock closed at $61. Jefferies also reiterated a Buy rating with a $70 target. The broader analyst consensus is a Strong Buy with an average target of $68.18.
Bernstein analyst Alexia Burland Howard maintained a Buy rating on Mondelez International on July 17 and set a price target of $74.00. The company’s shares closed last Friday at $61.00.
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Burland Howard covers the Consumer Defensive sector, focusing on stocks such as Campbell Soup, The Hershey Company, and JM Smucker. According to TipRanks, Burland Howard has an average return of -8.7% and a 39.02% success rate on recommended stocks.
Currently, the analyst consensus on Mondelez International is a Strong Buy with an average price target of $68.18, which is an 11.77% upside from current levels. In a report released on July 14, Jefferies also reiterated a Buy rating on the stock with a $70.00 price target.