Barclays Maintains Equal-Weight on Hershey, Lowers Price Target to $202
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Andrew Lazar maintains an Equal-Weight rating on Hershey (NYSE:HSY) but lowers the price target from $204 to $202.
September 24, 2024 | 3:50 pm
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Barclays analyst Andrew Lazar has maintained an Equal-Weight rating on Hershey but has slightly lowered the price target from $204 to $202, indicating a modestly less optimistic outlook.
The maintenance of an Equal-Weight rating suggests a neutral stance, while the slight reduction in the price target indicates a modestly less optimistic view on Hershey's short-term performance. This could lead to a neutral impact on the stock price as the change is minimal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100