Citigroup Initiates Coverage On Hershey with Neutral Rating, Announces Price Target of $213
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Thomas Palmer initiates coverage on Hershey (NYSE:HSY) with a Neutral rating and a price target of $213.

February 01, 2024 | 11:34 am
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NEUTRAL IMPACT
Citigroup has initiated coverage on Hershey with a Neutral rating and a price target of $213.
The initiation of coverage by Citigroup with a Neutral rating suggests a balanced view on Hershey's stock, indicating neither a strong bullish nor bearish stance. The price target of $213 provides a reference point for investors but does not imply a significant short-term price movement. Given the neutral stance, the immediate impact on Hershey's stock price may be limited, but the coverage initiation itself could increase investor interest and visibility.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100