Mondelez stock price target lowered to $72 at Evercore ISI on European elasticity concerns
NegativeFinancial Markets

Mondelez's stock price target has been lowered to $72 by Evercore ISI due to concerns about European market elasticity. This adjustment reflects worries that the company's products may not perform as well in Europe, potentially impacting its overall revenue. Investors should pay attention to these developments as they could signal broader challenges for Mondelez in maintaining its market position.
— Curated by the World Pulse Now AI Editorial System