Wells Fargo Maintains Equal-Weight on Hershey, Raises Price Target to $205
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 $200 to $205.
May 06, 2024 | 1:46 pm
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POSITIVE IMPACT
Wells Fargo maintains an Equal-Weight rating on Hershey and raises the price target to $205.
The increase in price target by Wells Fargo suggests a positive outlook on Hershey's stock, potentially leading to short-term price appreciation. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector, but the raised target implies an expectation of some upside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100