Morgan Stanley Maintains Equal-Weight on Hershey, Lowers Price Target to $186
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Pamela Kaufman has maintained an Equal-Weight rating on Hershey (NYSE:HSY) and lowered the price target from $245 to $186.
October 27, 2023 | 1:18 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Hershey and lowered the price target from $245 to $186.
The lowering of the price target by Morgan Stanley 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