JP Morgan Maintains Neutral on Hershey, Raises Price Target to $193
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ken Goldman maintains a Neutral rating on Hershey (HSY) and raises the price target from $185 to $193.
February 09, 2024 | 8:18 pm
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JP Morgan analyst Ken Goldman maintains a Neutral rating on Hershey and raises the price target from $185 to $193.
The increase in price target by JP Morgan suggests a positive outlook on Hershey's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or favorable market conditions for Hershey, potentially leading to a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100