Mondelez (MDLZ) will deliver a best-in-class top-line - RBC Capital

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RBC Upgrades Mondelez (MDLZ) to Outperform, 'Best-in-Class Organic Growth with Some M&A Icing on Top'

November 27, 2023 6:21 AM EST

(Updated - November 27, 2023 8:18 AM EST)

RBC Capital analyst Nik Modi upgraded Mondelez International (NASDAQ: MDLZ) from Sector Perform to Outperform with a price target of $83.00 (from $75.00).

The analyst comments "We are upgrading MDLZ to Outperform from Sector Perform and raising our... More