Piper Sandler Maintains Neutral on Hershey, Lowers Price Target to $179
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Michael Lavery has maintained a Neutral rating on Hershey (HSY) and reduced the price target from $200 to $179.
April 15, 2024 | 1:35 pm
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NEGATIVE IMPACT
Piper Sandler maintains a Neutral rating on Hershey and lowers the price target from $200 to $179.
The reduction in price target by Piper Sandler could lead to a negative short-term sentiment among investors, potentially causing a decrease in Hershey's stock price. The Neutral rating suggests no significant positive catalysts in the near term to counterbalance the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100