Wells Fargo Maintains Equal-Weight on Hershey, Raises Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Chris Carey has maintained an Equal-Weight rating on Hershey (HSY) and increased the price target from $190 to $210.
February 09, 2024 | 2:06 pm
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Wells Fargo maintains an Equal-Weight rating on Hershey and raises the price target from $190 to $210.
The increase in price target by Wells Fargo suggests a positive outlook on Hershey's stock performance in the short term. Although the rating remains at Equal-Weight, indicating a neutral stance, the raised target price could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100