Oreo maker Mondelez's profit beats on higher demand for key brands

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Mondelez International (MDLZ) PT Raised to $53 at Credit Suisse

February 1, 2018 8:46 AM EST

Credit Suisse raised its price target on Mondelez International (NASDAQ: MDLZ) to $53.00 (from $50.00) while maintaining a Outperform rating.

Analyst R. Moskow also raises EPS estimates for 2018 and 2019 to $2.46 ($2.37) and $2.66.

""Balanced" and beatable sales guidance for 2018," the analyst commented.

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