Investing.com -- Jefferies downgraded Mondelez (NASDAQ:MDLZ) International from Buy to Hold, citing growing concerns over cocoa supply constraints that could weigh on the company's future earnings.
The downgrade reflects concerns about Mondelez's earnings potential amid structural challenges in the cocoa market. The stock currently trades at $57.86, near its 52-week low of $55.97, despite ...
Investing.com -- Jefferies downgraded Mondelez (NASDAQ:MDLZ) International from Buy to Hold, citing growing concerns over cocoa supply constraints that could weigh on the company's future earnings.
The escalating cocoa prices pose a significant threat to Mondelez's profit margins. With cocoa being a key ingredient in many of the company's products, particularly its chocolate offerings, the ...
One of the most significant challenges facing Mondelez is the rising cost of cocoa. The cocoa market has seen a 40-year low in stocks to grind ratios, suggesting higher cocoa prices are likely to ...
One of the most significant challenges facing Mondelez is the rising cost of cocoa. The cocoa market has seen a 40-year low in stocks to grind ratios, suggesting higher cocoa prices are likely to ...
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