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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: CrankyCharlie   😊 😞
Number: of 15061 
Subject: OT: HSY
Date: 01/29/2024 7:59 AM
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No. of Recommendations: 2
BERNSTEIN
HSY Bernstein upgraded Hershey to Outperform from Market Perform with a $235 price target. The analyst cites improving market share and volume trends for the upgrade, saying Hershey's innovation is picking up as it laps last year's Mars candy recall. Trends have improved meaningfully in recent months since the launch of Reese's caramels, the analyst tells investors in a research note. The firm also sees continued strong sales growth due to cocoa and sugar-driven price increases.
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