Mondelez: Jefferies still a buyer
(CercleFinance.com) - On Wednesday Jefferies analysts confirmed their "Buy" recommendation on the share of US agri-food group Mondelez, after talks with management.
"We continue to recommend the name given long-term growth potential," the broker says.
Jefferies has therefore confirmed its target price of 60 dollars for the share (Tuesday's close: 51.92 dollars).
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
"We continue to recommend the name given long-term growth potential," the broker says.
Jefferies has therefore confirmed its target price of 60 dollars for the share (Tuesday's close: 51.92 dollars).
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.