Mondelez International misses quarterly revenue estimates due to weaker demand
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Mondelez International (MDLZ) PT Lowered to $75 at DA Davidson
July 31, 2024 5:09 AM EDTDA Davidson analyst Brian Holland lowered the price target on Mondelez International (NASDAQ: MDLZ) to $75.00 (from $80.00) while maintaining a Buy rating.
The analyst comments "We arrive at a twelve month price target of $75 (from $82) using ~15.5x forward (24 months) EBITDA estimate of $7,644.8M.... More
