HSBC Initiates Coverage On Hershey with Buy Rating, Announces Price Target of $248
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Alejandro Zamacona initiates coverage on Hershey (NYSE:HSY) with a Buy rating and announces a price target of $248.
September 22, 2023 | 11:11 am
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POSITIVE IMPACT
HSBC has initiated coverage on Hershey with a Buy rating and a price target of $248.
The Buy rating and high price target set by HSBC indicates a positive outlook for Hershey. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100