RBC Capital lowered the firm’s price target on Hershey (HSY) to $175 from $178 and keeps a Sector Perform rating on the shares. The company posted a better-than-expected quarter on organic sales and EPS, but provided mixed commentary about the consumer and cost environment, though the management noted that while the broader snacking category came under pressure, Hershey’s categories were not impacted, the analyst tells investors in a research note.
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Read More on HSY:
- Hershey’s Strong Q1 Performance Overshadowed by Tariff Uncertainties and Cocoa Price Volatility
- Hershey Reports Decline in Q1 2025 Earnings
- Hershey’s Earnings Call: Balancing Challenges and Growth
- Hershey’s Hold Rating: Navigating Tariff Uncertainty and Market Share Challenges
- Hershey reports Q1 adjusted EPS $2.09, consensus $1.93
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