Mondelez International Reaches Analyst Target Price
May 02, 2019 at 08:29 AM EDT
In recent trading, shares of Mondelez International Inc (MDLZ) have crossed above the average analyst 12-month target price of $51.11, changing hands for $51.64/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..