JP Morgan Maintains Neutral on Hershey, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Ken Goldman maintains a Neutral rating on Hershey (NYSE:HSY) and lowers the price target from $188 to $180.
October 14, 2024 | 3:07 pm
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JP Morgan has maintained a Neutral rating on Hershey and reduced the price target from $188 to $180, indicating a slightly less optimistic outlook.
The reduction in price target from $188 to $180 by JP Morgan suggests a slightly less optimistic view on Hershey's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations based on the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100