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Bank of America Boosts Mondelez International Stock Price Forecast
Analysts see potential 9.85% upside for snack food giant's shares.
Apr. 10, 2026 at 6:37pm
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Bank of America's bullish forecast on Mondelez International stock reflects growing confidence in the snack food giant's ability to navigate economic headwinds.Chicago TodayBank of America research analysts have raised their price target for Mondelez International (NASDAQ: MDLZ) stock from $62 to $65 per share, maintaining a 'buy' rating on the company. The new forecast points to a potential upside of nearly 10% from the snack food maker's previous closing price.
Why it matters
Mondelez is one of the world's largest snack companies, with popular brands like Oreo, Chips Ahoy, and Ritz. A positive outlook from a major investment bank like Bank of America could signal growing confidence in the company's ability to navigate economic headwinds and continue delivering strong financial performance.
The details
In a research report issued on Friday, Bank of America analysts cited Mondelez's diverse portfolio of iconic snack brands and its focus on expanding in emerging markets as reasons for their optimistic view. The new $65 price target represents a 9.85% potential upside from Mondelez's previous closing stock price.
- Bank of America published its updated research report on Mondelez on April 10, 2026.
The players
Bank of America
A major American multinational investment bank and financial services company.
Mondelez International
A global snack food company that produces popular brands like Oreo, Chips Ahoy, and Ritz.
What’s next
Investors will be watching to see if Mondelez's stock price rises in the coming weeks and months to meet Bank of America's new $65 target.
The takeaway
Despite broader economic uncertainty, Bank of America's bullish outlook on Mondelez suggests the snack food giant may be well-positioned to continue growing its business and delivering value to shareholders.
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