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Nik Modi from RBC Capital maintained a Buy rating on Mondelez International, with a price target of $63.00.
Nik Modi from RBC Capital reaffirmed a Buy rating on Mondelez with a $63 price target.
KEY POINTS
- UBS downgraded Mondelez to Hold on April 7, contrasting with recent Buy ratings.
- Mondelez's latest quarterly net profit dropped to $665 million from $1.75 billion last year.
- Corporate insider sentiment for Mondelez is negative, with increased insider selling this quarter.
COMPANIES
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