Piper Sandler Maintains Neutral on Hershey, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Michael Lavery maintains a Neutral rating on Hershey (NYSE:HSY) and lowers the price target from $179 to $165.
October 23, 2024 | 12:33 pm
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Piper Sandler has maintained a Neutral rating on Hershey and reduced the price target from $179 to $165, indicating a less optimistic outlook.
The reduction in price target from $179 to $165 by Piper Sandler suggests a less optimistic view on Hershey's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations.
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IMPORTANCE 80
RELEVANCE 100