Mondelez International (MDLZ – Research Report), the Consumer Defensive sector company, was revisited by a Wall Street analyst today. Analyst Robert Moskow from TD Cowen maintained a Buy rating on the stock and has a $71.00 price target.
Robert Moskow has given his Buy rating due to a combination of factors including a positive outlook on Mondelez International’s financial performance and market positioning. The analyst has increased the price target for Mondelez to $71, reflecting a higher price-to-earnings multiple based on the company’s projected earnings per share for 2026. This adjustment comes in light of a significant decrease in cocoa prices, which is expected to enhance Mondelez’s hedging strategies and potentially improve future earnings estimates.
Additionally, Moskow highlights Mondelez’s strong brand portfolio and its strategic presence in developing markets, which account for a substantial portion of its sales. The premium valuation compared to its historical average suggests confidence in the company’s ability to capitalize on these market advantages, further supporting the Buy recommendation.
In another report released on February 19, Barclays also maintained a Buy rating on the stock with a $63.00 price target.