Argus Research Maintains Buy on Hershey, Lowers Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst Taylor Conrad maintains a 'Buy' rating on Hershey (NYSE:HSY) but has lowered the price target from $315 to $270.
August 11, 2023 | 4:20 pm
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Argus Research has maintained a 'Buy' rating on Hershey but lowered the price target from $315 to $270.
The news is directly related to Hershey (HSY). While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential slowdown in growth or increased risk, which could have a neutral to slightly negative impact on the stock in the short term.
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IMPORTANCE 80
RELEVANCE 100