12:55 AM EDT, 04/30/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target by $1 to $78, about 22x our 2026 EPS of $3.55 (up from $3.33; 2025 up to $3.16 from $2.94) vs. the company's long-term average forward P/E of 21x. Q1 results were strong, in our view, despite soft U.S. biscuit consumption trends and some U.S. retail de-stocking issues (which could bleed through into Q2). That said, biscuits continue to outperform other snacking segments, and notably, MDLZ is gaining share. The setup for the rest of 2025 and into 2026 looks promising, with cocoa-driven pricing actions tracking better than expected. Q2 should benefit from the Easter calendar shift, and productivity and cost savings remain solid. If cocoa costs ease, we expect MDLZ to reinvest any upside to strengthen its position heading into 2026. We maintain our Buy rating and remain cautiously optimistic on the 2026 outlook. We expect MDLZ to be active in share buybacks should its share price fall, noting MDLZ bought $1.5B of stock in Q1 at an average share price of $57.91.