Mondelez International, Inc. (MDLZ) Makes Jefferies’ Preferred Picks List in Food Sector

Mondelez International, Inc. (NASDAQ:MDLZ) is among the consumer defensive stocks to buy according to analysts. On December 12, Jefferies maintained its top picks in the food industry and named Mondelez International, Inc. (NASDAQ:MDLZ) among “its preferred large-cap selections.” The firm noted that despite current consumer challenges expected to carry into next year, there is potential for second-half upside if demand-focused initiatives begin to pay off and the industry moves past peak pressure.

Jefferies believes that the ongoing headwinds impacting the food industry will persist in 2026 as consumers remain under financial strain. Persistent tariff volatility, revised SNAP eligibility, and possible effects from GLP-1 weight loss medications in pill form pose additional threats. In light of this, Jefferies expressed confidence in companies with margin improvement potential and with organic growth levers in this macro environment.

Earlier on November 21, Piper Sandler trimmed the price target on Mondelez International, Inc. (NASDAQ:MDLZ) to $62 from $63 with an unchanged ‘Neutral’ rating, according to TheFly. The revised price target incorporates the impact of GLP-1 news, tariff relief, company-specific updates, and increased ABV headwinds, the firm stated.

On the other hand, Megan Alexander of Morgan Stanley reaffirmed a ‘Buy’ rating on the company on December 11, setting a price target of $64. The price target reflects an upside potential of 18%.

Overall, Mondelez International, Inc. (NASDAQ:MDLZ) has a ‘Buy’ or equivalent rating from 71% of the analysts covering the stock as of December 12. With a median price target of $69, the stock has an upside potential of 27.68%.

Mondelez International, Inc. (NASDAQ:MDLZ) is an Illinois-based company specializing in snack food and beverage products. Founded in 2000, the company is committed to empowering people “to snack right.”

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