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Stock impact report

Mondelez International impresses BofA with food portfolio strength [Seeking Alpha]

Mondelez International, Inc. - Class A (MDLZ) 
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
Company Research Source: Seeking Alpha
Mondelez International impresses BofA with food portfolio strengthFeb. 01, 2023 7:51 AM ETMondelez International, Inc. (MDLZ)By:Clark SchultzSA News EditorjetcityimageBank of America thinks Mondelez International (NASDAQ:Q4 earnings reportexited the year stronger than it started.BofA kept a Buy rating on MDLZ and price objective of $77 in place following the report. Looking ahead, analyst Bryan Spillane and team noted MDLZ's portfolio strength given its low exposure to private label vs. its peers. MDLZ is also noted to be strong in categories with elasticities that have held up well in an inflationary environment and have a presence in fast-growing geographies. Other positive factors said to be in the mix is the revenue acceleration potential beyond category growth and good cash flow generationShares of MDLZ gained2.26%Dig into theMondelez International earnings call Show less Read more
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