Credit Suisse analyst Robert Moskow raised the firm’s price target on Mondelez to $76 from $70 and keeps an Outperform rating on the shares. The firm notes Mondelez reported a Q4 EPS beat to finish a strong 2022 and guided to high-single digit EPS growth in 2023.
Published first on TheFly
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Read More on MDLZ:
- Mondelēz International Declares Regular Quarterly Dividend of $0.385 per share
- Here’s What’s Behind Mondelez’s (NASDAQ:MDLZ) Q4 Beat
- Mondelez sees FY23 adjusted EPS growth high-single digits, consensus $3.11
- Mondelez reports Q4 adjusted EPS 71c, consensus 70c
- Mondelēz International Reports Q4 and FY 2022 Results
