Credit Suisse boosted the price target for Mondelez International, Inc. (NASDAQ: MDLZ) from $70 to $76. Credit Suisse analyst Robert Moskow maintained an Outperform rating. Mondelez shares rose 1.8% to $66.61 in pre-market trading.
U.S. stocks traded mostly lower this morning, with the Nasdaq Composite dropping more than 100 points on Monday.
Following the market opening Monday, the Dow traded down 0.14% to 33,931.09 while the NASDAQ fell 1% to 11,504.93. The S&P 500 also fell, dropping, 0.54% to 4,048.50.
Companies Reporting Before The Bell
• Franklin Resources (NYSE:BEN) is expected to report quarterly earnings at $0.54 per share on revenue of $1.86 billion.