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Hershey price target raised to $204 from $165 at TD Cowen

TD Cowen analyst Robert Moskow raised the firm’s price target on Hershey (HSY) to $204 from $165 and keeps a Hold rating on the shares. The firm raised their Hershey EPS estimates for 2026 and 2027. Hershey’s 2Q indicated stronger underlying business momentum and confectionery category resilience than expected.

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