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Stock impact report

Rothschild Cuts Mondelez (MDLZ) to Neutral, Cites Volume Weakness and Rising Competition [Yahoo! Finance]

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: Yahoo! Finance
Rothschild Cuts Mondelez (MDLZ) to Neutral, Cites Volume Weakness and Rising Competition On March 25, Rothschild & Co Redburn downgraded Mondelez International, Inc. (NASDAQ:MDLZ) to Neutral from Buy. It lowered the stock's price target to $55 from $71. The analyst said the company is dealing with “numerous near-term threats.” These include softer volumes, more intense competition in European chocolate, a slow U.S. biscuit category, and weaker growth across emerging markets. The firm also noted that addressing these issues will likely require reinvestment in pricing strategies and advertising. That could limit the benefit Mondelez would otherwise see from easing cocoa prices. Based on this view, Rothschild reduced its estimates and downgraded the stock. Earlier, on March 16, Morgan Stanley took a more constructive stance. The firm raised its price recommendation on Mondelez to $70 from $66. It reiterated an Overweight rating. The analyst argued that the market is placing too much Show less Read more
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