Argus Research Maintains Buy on Hershey, Lowers Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Argus Research maintains a Buy rating on Hershey (NYSE:HSY) but lowers the price target from $240 to $225.
May 30, 2024 | 6:00 pm
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NEUTRAL IMPACT
Argus Research maintains a Buy rating on Hershey but lowers the price target from $240 to $225.
The maintained Buy rating suggests continued confidence in Hershey's performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100