Morgan Stanley upgrades Mondelez to Top Pick on cocoa price deflation

lunes, 16 de marzo de 2026, 4:35 pm ET1 min de lectura
MDLZ--

Morgan Stanley has raised Mondelez to Top Pick citing cocoa deflation. Cocoa prices have declined 75% from their 2024 peak and are approaching levels not seen since 2023, leading to a significant margin inflection for both Mondelez and peers in H2 2024.

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