Mondelez (MDLZ) Proving To Be More Inelastic Vs Broader Food

<p>Mondelez (MDLZ) has the third-most exposure to emerging markets among peers, says Brian Holland. He discusses how Cowen initiated coverage of Mondelez (MDLZ) with an outperform rating and a $71 price target. He notes that MDLZ is generally proving to be more inelastic versus broader food. He also talks about how emerging market exposure could impact MDLZ, as well as the impact of inflationary pressures. Tune in to find out more about the stock market today.</p>