TD Cowen Downgrades Hershey to Market Perform, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Robert Moskow has downgraded Hershey (NYSE:HSY) from Outperform to Market Perform and lowered the price target from $235 to $200.
October 27, 2023 | 10:37 am
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Hershey's stock has been downgraded by TD Cowen from Outperform to Market Perform, with a reduced price target of $200.
The downgrade from Outperform to Market Perform by TD Cowen, along with a reduced price target, indicates a less optimistic outlook for Hershey's stock. This could potentially lead to a decrease in the stock's price in the short term.
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