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RBC Capital Cuts Price Target Reflecting Mondelez Int'l's (MDLZ) Venezuela Deconsolidation
February 4, 2016 6:52 AM ESTRBC Capital maintained an Outperform rating on Mondelez International (NASDAQ: MDLZ), and cut the price target to $49.00 (from $51.00), following the company's Venezuela deconsolidation. RBC continues to believe that the size of Mondelez's cost-savings opportunity sets it apart from most packaged food peers. Also, the... More
