Stifel Maintains Hold on Hershey, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Smith has maintained a Hold rating on Hershey (NYSE:HSY) and increased the price target from $195 to $205.

January 25, 2024 | 2:51 pm
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Stifel analyst Matthew Smith reaffirmed a Hold rating on Hershey and raised the price target to $205, indicating a positive outlook on the stock's value.
The increase in price target by Stifel suggests an improved outlook on Hershey's valuation, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, since the rating remains a Hold, the impact may be moderate rather than strong.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100