Mondelez: Mondelez price target raised to $71 from $63 at Barclays

Barclays analyst Andrew Lazar raised the firm's price target on Mondelez ( MDLZ ) to $71 from $63 and keeps an Overweight rating on the shares as part of a Q1 earnings preview for the consumer staples group. The consumer "malaise" was present well ahead of "Liberation Day," and Barclays doubts the 90-day "period of limbo will breathe new life into these categories," the analyst tells investors in a research note. The firm says that while tariff-related cost headwinds may have subsided, there remains a heightened period of uncertainty for consumer staples. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Published first on TheFly - the ultimate source for real-time, market-moving breaking financial news. Try Now>>