Piper Sandler analyst Michael Lavery raised the firm’s price target on Mondelez to $77 from $72 and keeps an Overweight rating on the shares. The analyst considers the company a "high quality name that is well-suited to 2023’s potentially difficult environment." He continues to believe Mondelez has best in class brands with excellent "white space" growth opportunities in key markets.
Published first on TheFly
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