Barclays lowered the firm’s price target on Hershey (HSY) to $160 from $170 and keeps an Equal Weight rating on the shares. The company guided to a deeper than estimated cocoa-related year-over-year earnings decline in 2025 though also sees earnings growth in 2026 even if cocoa remains elevated, the analyst tells investors in a research note. The firm says the latter would also require even more aggressive action around pricing and productivity.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HSY:
- Hershey’s Earnings Call: Mixed Signals Amid Challenges
- Hershey (HSY) Stock is Upgraded by Citigroup
- Roblox downgraded, Pinterest upgraded: Wall Street’s top analyst calls
- Hershey price target raised to $146 from $133 at TD Cowen
- Cautious Hold on Hershey: Balancing EPS Challenges and Cocoa Cost Optimism