After J.P. Morgan and Berenberg Bank gave Mondelez International (NASDAQ: MDLZ) a Buy rating last month, the company received another Buy, this time from Morgan Stanley. Analyst Pamela Kaufman maintained a Buy rating on Mondelez International today and set a price target of $70.00. The company's shares closed last Wednesday at $63.78. According to TipRanks.com, Kaufman is a 4-star analyst with an average return of 10.0% and a 59.6% success rate. Kaufman covers the Consumer Goods sector, focusing on stocks such as Simply Good Foods, Philip Morris, and Altria Group. Mondelez International has an analyst consensus of Strong Buy, with a price target consensus of $72.93, a 14.
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Mondelez (NASDAQ:MDLZ)
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