Mondelez Int'l (MDLZ) Misses Q4 EPS by 2c; Announces Venezuela Accounting Change
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Canaccord Genuity Upgrades Mondelez International (MDLZ) to Buy (Earlier)
February 5, 2016 11:41 AM ESTCanaccord Genuity upgraded Mondelez International (NASDAQ: MDLZ) from Hold to Buy with a price target of $44.
Analyst Alicia Forry commented, "MDLZ disappointed the market yesterday after announcing further actions to adjust the portfolio in 2016 would weigh on the top-line. Following the... More
RBC Capital Cuts Price Target Reflecting Mondelez Int'l's (MDLZ) Venezuela Deconsolidation
February 4, 2016 6:52 AM ESTRBC Capital maintained an Outperform rating on Mondelez International (NASDAQ: MDLZ), and cut the price target to $49.00 (from $51.00), following the company's Venezuela deconsolidation. RBC continues to believe that the size of Mondelez's cost-savings opportunity sets it apart from most packaged food peers. Also, the... More
