Hershey price target raised to $168 from $165 at Piper Sandler
The Fly

Hershey price target raised to $168 from $165 at Piper Sandler

Piper Sandler raised the firm’s price target on Hershey (HSY) to $168 from $165 and keeps a Neutral rating on the shares after quarterly results. Cocoa costs remain elevated, but Hershey has been buying options and could benefit if costs come down, according to Piper.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App