Jefferies Maintains Underperform on Hershey, Lowers Price Target to $161
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Rob Dickerson has maintained an 'Underperform' rating on Hershey (NYSE:HSY) and lowered the price target from $163 to $161.
October 31, 2024 | 2:36 pm
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Jefferies has maintained an 'Underperform' rating on Hershey and reduced the price target from $163 to $161, indicating a bearish outlook.
The 'Underperform' rating suggests that Jefferies expects Hershey to underperform relative to the market. The lowered price target from $163 to $161 further indicates a negative outlook, which could lead to a short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100