Morgan Stanley raised the firm’s price target on Hershey (HSY) to $195 from $184 and keeps an Equal Weight rating on the shares, telling investors that the company “struck a constructive tone” while presenting at the firm’s Global Consumer & Retail Conference. Hershey expressed confidence in the FY26 outlook, citing the continued strength and resilience of the confection category, the analyst tells investors in a conference recap note.
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