Stifel Maintains Hold on Hershey, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Smith maintains a Hold rating on Hershey (NYSE:HSY) and lowers the price target from $195 to $180.
October 25, 2024 | 12:10 pm
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Stifel analyst Matthew Smith has maintained a Hold rating on Hershey and reduced the price target from $195 to $180, indicating a more cautious outlook.
The reduction in price target from $195 to $180 by Stifel suggests a less optimistic view on Hershey's short-term performance. This could lead to a negative sentiment among investors, potentially impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100