Barclays Maintains Equal-Weight on Hershey, Lowers Price Target to $218
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Andrew Lazar has maintained an Equal-Weight rating on Hershey (NYSE:HSY) but lowered the price target from $265 to $218.
October 12, 2023 | 6:56 pm
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NEGATIVE IMPACT
Barclays has maintained an Equal-Weight rating on Hershey but lowered the price target from $265 to $218, which may impact the stock's performance.
The lowering of the price target by Barclays indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Hershey's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100