B of A Securities Maintains Neutral on Hershey, Lowers Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Hershey (NYSE:HSY) but lowered its price target from $200 to $195.
October 15, 2024 | 5:22 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
B of A Securities has maintained a Neutral rating on Hershey and reduced the price target from $200 to $195, indicating a slightly less optimistic outlook.
The lowering of the price target from $200 to $195 by B of A Securities suggests a slightly less optimistic view on Hershey's stock performance. This could lead to a minor negative impact on the stock price in the short term as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100