Mondelez International Trading Volume Drops 70% to 183rd Rank Despite Stock Price Gain

On March 24, 2025, Mondelez International (MDLZ) saw a trading volume of $487 million, a significant 70.25% decrease from the previous day, placing it at the 183rd position in the day's stock market rankings. The stock price rose by 0.68%, marking the second consecutive day of gains, with a total increase of 1.56% over the past two days.

Morgan Stanley has initiated coverage of Mondelez International with an Overweight rating and a price target of $69. The firm highlighted Mondelez's superior long-term growth prospects as a key reason for the positive rating. Analyst Megan Clapp noted that Mondelez's strong growth potential and robust business model make it a top pick in the packaged food industry.

Morgan Stanley's initiation of coverage on Mondelez comes as part of a broader analysis of the U.S. packaged food industry. The firm remains optimistic about Mondelez's future performance, citing its strong market position and innovative product offerings. This positive outlook is reflected in the Overweight rating and the $69 price target, which indicates a potential upside for investors.