Mondelez developing market issues seem largely resolved, says Bernstein Bernstein believes that Mondelez's recent disappointing sales growth in developing markets does not appear to be structural, and the firm predicts that the company's developing markets sales will increase to 50% of total sales by 2015, up from 45% today. The firm keeps a $33 price target and Outperform rating on the stock.
News For MDLZ From The Last 14 Days
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